Which of the following are examples of defensive industries?
A)Food producers.
B)Durable goods producers.
C)Pharmaceutical firms.
D)Public utilities.
E)A,C and D

Question

Quizplus · Accepted Answer

Defensive industries are those industries that are relatively stable during economic downturns and provide a steady stream of income. Food producers, pharmaceutical firms, and public utilities are all examples of defensive industries because people still need food, medicine, and basic services like electricity and water regardless of the economic situation. Durable goods producers, on the other hand, are not considered a defensive industry because consumers can delay purchasing big-ticket items like appliances, cars, and furniture during tough economic times.

Which of the Following Are Examples of Defensive Industries