Asked by Gabrielle D'Andrea on Apr 30, 2024

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Which of the following are not examples of defensive industries?

A) Food producers
B) Durable goods producers
C) Pharmaceutical firms
D) Public utilities

Defensive Industries

Industries with below-average sensitivity to the state of the economy.

Durable Goods

Consumer products that have a long life span (over three years) and are used over time, such as cars, appliances, and furniture.

Food Producers

Food Producers are companies or individuals engaged in the cultivation, preservation, and distribution of food products and commodities to consumers.

  • Gain insight into the investment tactics pertinent to each segment of the industry life cycle.
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Verified Answer

ZK
Zybrea KnightMay 05, 2024
Final Answer :
B
Explanation :
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.