The industries that are least affected by recessions and economic adversity are referred as which of the following?

Question

Quizplus · Accepted Answer

Defensive industries are those that provide goods and services that are necessary regardless of the state of the economy. These industries typically see consistent demand and steady growth, even during periods of economic hardship. Examples of defensive industries include healthcare, utilities, and consumer staples.

The Industries That Are Least Affected by Recessions and Economic