The peak of the business cycle is typically associated with the peak of economic activity, which is usually marked by a period of strong economic growth, low unemployment, and high consumer confidence.
In the economy, the business cycle is a normal occurrence. It is typically explained as consisting of a series of expanding, contracting, and recovering stages. The apex is where an expansion transitions into a contraction. It is often referred to as the boom phase of the business cycle. Businesses have reached their capacity as a result of expansion. As a result, they stop growing and investing, which has an impact on the supply (production), demand (use of products and services), employment, investment, prices, etc.
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