If the economy is going into a recession, a good industry to invest in would be the ________ industry.
A) automobile
B) banking
C) construction
D) medical services

Question

Quizplus · Accepted Answer

During a recession, people tend to cut back on luxury spending but continue to prioritize their health. Therefore, the medical services industry tends to be more recession-resistant than other industries. Healthcare is a basic necessity that individuals cannot cut back on even during economic uncertainty. Furthermore, government spending on healthcare tends to increase during recessionary periods.

If the Economy Is Going into a Recession, a Good