2007-07-17 02:29:49 · 4 answers · asked by Anonymous in Social Science ➔ Economics
If you want to know the products that will do well in good economic times and will not do well during poor economic times, then the answer is any luxury good. When the economy is doing well, people feel like they can afford more and will buy that boat they always dreamed of. But when the economy is in recession, people are more likely to save and less likely to buy that boat. Other examples of luxury items would be expensive jewelry, new cars, etc. Anything that you don't need, but really want.
2007-07-17 02:43:18 · answer #1 · answered by Liz217 2 · 2⤊ 0⤋
if their is a high demand for any product it will do well regardless if the economic times are good or bad
your question is to general because it could be anything from electronics to food if there is a big demand for the product it will sell
2007-07-17 09:34:23 · answer #2 · answered by Lenas77 2 · 1⤊ 0⤋
Initial public offerings.
2007-07-17 13:02:12 · answer #3 · answered by NC 7 · 0⤊ 1⤋
phones
tvs
food
cable tv
disc players
booze
2007-07-17 11:56:51 · answer #4 · answered by Anonymous · 0⤊ 0⤋