Which of the following are not examples of defensive industries?
A) Food producers
B) Durable goods producers
C) Pharmaceutical firms
D) Public utilities

Question

Quizplus · Accepted Answer

Defensive industries are those that are relatively unaffected by economic cycles, such as food producers, pharmaceutical firms, and public utilities, because people continue to need their products regardless of the economic situation. Durable goods producers, on the other hand, are more sensitive to economic cycles as consumers can delay purchases of these items during economic downturns.

Which of the Following Are Not Examples of Defensive Industries