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

Question

Quizplus · Accepted Answer

Defensive industries are those that remain stable during various phases of the business cycle, including economic downturns. Food producers, pharmaceutical firms, and public utilities are considered defensive because people continue to need food, medicine, and utilities regardless of the economic situation, making these industries less sensitive to economic cycles.

Which of the Following Are Examples of Defensive Industries