During a severe economic recession or depression, most indus...

During a severe economic recession or depression, most industries will decline and become sluggish, leading to a setback in the majority of businesses, with outcomes ranging from layoffs and salary cuts to closures and liquidations. The entire society falls into a wave of unemployment, causing great hardship for the people. At such times, there are no investment options available, and the only solution is to cash out and purchase gold for value preservation in order to weather the crisis.
Of course, in the case of a mild recession where social order remains intact and people's lives are challenging but not life-threatening, it is advisable to consider investments in industries related to people's livelihoods, such as food and grain production, medical and healthcare, and children's education. The stocks corresponding to these three major industries will definitely be powerful weapons to overcome economic downturns.
For now, I am also looking for corresponding US stocks to purchase and hold for the long term, hoping for good returns during the recession. Wishing everyone successful investments!