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Which business sector gets affected the MOST by an economic recession?

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Question ajoutée par Dana Qaisi , Social Media Specialist , N/A
Date de publication: 2017/01/26
Dinu Mathew Thomas
par Dinu Mathew Thomas , Commerical Interior designer , Symmetrics development services

Architectural and construction industry  impact first  by an economic recession  

ibrahimkutty thayyilavalappil
par ibrahimkutty thayyilavalappil , adminisreration , Kasco

Production and human resources

Babar Ahmed Khan
par Babar Ahmed Khan , Managing Director , Sapphire Town Real Estate

During a Recession, when a country hits by such Economic condition the first and foremost Sector gets affected is The Sector of Private Industries followed by the cause damaging the Human Capital Development Education Industry , Job Industry and Daily Supply Chain Industry ( Food and Commodities) .It is a condition that slows down the Process of Economy of a Country until the forecast or future Crisis is analyzed, quarantined, corrected, adjusted and risk-free of Inflation of Price .

Krishna Kumar Velangatil
par Krishna Kumar Velangatil , ACCOUNTS MANAGER , Educations Innovations Co.Ltd. EDU SAUD

In my opinion the construction and contracting sector is more affected  

Abraham George
par Abraham George , 3 D Designer / 3 D Visualizer (Event & Exhibition Stands) , Eafel Construction

i am no expert of economics but i think FMCG , Construction will have impact due to economic crisis

banking and informtion technology it was most important and increase a economy level for country

 

The most vulnerable  sector is a private banking sector, so that the commercial banks can not provide loan to the business units those who will have an increased or high default  ratio which subsequently will lead to insolvency of the bank itself

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