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The food industry could easily be the industry that will most likely survive recession. The reason for this is simple: people need food to survive. However, not everyone in the food industry will be able to survive. Just because everyone needs food any type of food will not be able to survive recession.
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∙ 13y ago
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Industries most and least affected by recession?
One of the industries most effected is the construction industry as they are not paid for their work until after it is done, and so they have to cover all of the costs themselves first. Also due to the recession people and companies are putting of construction until they are better able to afford it. The industry that has done extreamly well in the recession is the safe sex industry as people are less able to afford to have children.
Which sector in India is affected by recession?
IT
What industry was hit hard is due to recession?
the automotive industry
How does politics affect the banking industry?
Yes, politics greatly affect the banking industry. Government policies affects the economy of a nation which involves its banking industry. An example is the case of the Great recession which affected many banks around the world.
What are the Effects of recession on banking industry?
The Recession in the banking industry has adversely affected the cash flow for the industries. When industries cannot raise funds for their expansion or operation then the industrial output would come down. This in turn would affect the GDP of the nation. It may affect the employment situation in the country also.
Most affected countries during recession?
In the recent recession the main affected countries are The U.S.A ,Europe, Japan and China and Asia as well.
Which countries are least affected by the recession?
Countries such as Turkey, India, China, Qatar, Canada and Australia are seen to be least affected by the recent recession.
Who is indirectly affected the global recession?
people
How does a recession in one country affect another?
International trade is affected by recession very much.
What stagnates during a recession?
growth, industry.
Which industry was hardest hit by the recession?
construction
What are the Sectors in India affected by recession?
tertiary sector
