Question

Which industry had the least percentage decline in profits as a percentage of sales between 1966 and 1970?

Answer 1

Between 1966 and 1970, the industry that experienced the least percentage decline in profits as a percentage of sales was the **Pharmaceutical industry**. The decline in profits within this sector was significantly lower compared to other industries during that time period. Generally, during economic downturns, the pharmaceutical industry tends to be more resilient due to consistent demand for healthcare products and services.