What Is Meant by the Term "Defensive Stocks?" Give Some

question 14

Essay

What is meant by the term "defensive stocks?" Give some examples.

Understand the process of turning hobbies into viable businesses.

Appreciate the importance of research and intuition in identifying business opportunities.

Recognize the significance of unforeseen opportunities in business.

Grasp the necessity of a comprehensive business setup including market and competitive analysis, along with startup costs.

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Definitions:

19th Century

A period from January 1, 1801, to December 31, 1900, that was marked by significant industrial, cultural, and political change worldwide.

Cash Crops

Crops grown for direct sale in the market, as opposed to being grown for the farmer's use or for livestock feed.

Civil War

An internal conflict within a country or nation between factions or regions, often characterized by armed struggle and political instability.

Manufacturing Output

The total value of goods produced by the manufacturing sector of an economy within a specific period.