0
The pharmaceutical industry will be one of the least effected industries during a recession. Firstly, the industry is very inelastic i.e. health will be one of the last things people will forfeit. And secondly, if people cannot afford medicine, the government will bring in subsidies to the people that need it.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Are you in a depression or recession?
The world is in a big recession.
Is overproduction a cause of the recession?
It was a cause of the depression, and probable the recession but I'm not sure
What is the great recession?
Recession means: When the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year It's actually a fall in GDP for 2 or more quarters....
What is economic crunch?
recession
What are the factors affecting recession?
Factors that affect recession are complex and vary between each incident. What most recessions seem to have in common is an over speculation in stocks, real estate, commodities or some combination precedes the recession. They are usually marked by a loss in confidence by the public which can affect the length/depth of the recession.
What precautions do we need to take to overcome recession?
Increase the variety of your services
How India has successfully overcome the adverse effects of recession?
Simply by being conservative to say it decently or by being lethargic and cautious to say the truth.
Why did hoovers policies fail?
Hoover did not have any support from the Bank. Moreover he tried to overcome economic recession with government intervention which did not gain him any favors among the people.
What ways government are doing to overcome economic recession?
Goverments use many policies such as the monetary policy and the fiscal policy to try to boost the economy and gradually diminish the recession. ie the policies are to do with lowering interest rates / fees to aid the profits of businesses and organisations and encourage increased money spending by the businesses which will aid the economy because businesses will be running at higher capacities, consumers have more money to spend - boosting economy and recovering the recession gradually.
What is the adjective of recession?
The adjective of recession is recessionary.
Are you in a depression or recession?
The world is in a big recession.
Recession is spreading like virus examine the impact of recession on stock market and mutual fund?
recession
Significance of Pharmaceutical?
Significance of Pharmaceutical
What are Advantages and disadvantages of recession?
advantages and disadvantages of recession
What is global recession?
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
Which statement is trueA recession is shorter than a depression.A recession occurs when the federal budget is balanced.A recession is closely related to a presidential veto of an act of Congress.A recession is longer than a depression?
A recession is shorter than a depression.
Can pharmaceutical be a verb?
No. Pharmaceutical is an adjective or a noun.
