In this video, you will learn everything you need to know about defensive industries. #defensiveindustry #necessities #wallstreetmojo #consumer #demand Chapters: 00:00 – Introduction 00:43 – What are defensive industries? 01:26 – Characteristics 02:34 – Example 03:36 – Advantages 04:12 – Disadvantages 04:53 – Conclusion What are defensive industries? A defensive industry is a specific industry that has constant production and distribution irrespective of the fluctuations in the economy of the country. Therefore, these industries would be vital even in recessions. This is possible because the products the industries produce mainly include essential commodities and basic needs products. Characteristics Non-affected by economic fluctuations Inelastic demand High returns Attract investors Low employee turnover Example Defensive industries include all those industries that have companies manufacturing essentials like food grains, consumables, medical items, etc. But there are industries, too, like the defense manufacturing industry, water treatment industry, waste management industry, etc. Retail companies like …
