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What are recession-proof industries?
There is no such thing as a recession-proof industry. However, some industries are more recession-resistant than others. The key to succeeding in any industry is to be diversified and have a solid business model that can withstand economic downturns.
Some recession-resistant industries include healthcare, education, technology, military/defense, and infrastructure. These industries are all essential components of our society, and people will always need them regardless of the state of the economy. That said, there are always opportunities to start or expand businesses in these industries during times of recession. So if you’re looking for safe investment options, these might be an excellent place to start.
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