Procter & Gamble is not affected by the recession in the economy; we will consider Procter & Gamble as:

Question

Quizplus · Accepted Answer

Procter & Gamble is a defensive industry, meaning that its products (consumer staples such as household cleaning products, personal care items, etc.) are considered to be necessities rather than luxuries. This makes the demand for Procter & Gamble's products more stable during economic downturns, making it less affected by recessions in the economy.

Procter & Gamble Is Not Affected by the Recession in the Economy;