Who else gained on recession, and why?

The recession is part of the economic cycle, in which there is a severe contraction of capacity of the economy. Because of this many sectors of economy might suffer. Even though some might gain from the occurrence of changes typical for recession. Here I will discuss those who gain because of increased demand for inferior goods and those who gain because of the increased demand for services that help saving money.

As noted earlier, recession might cause augmentation of demand for inferior goods. Those are i.e. busses, trains, low quality food (as mentioned in the Telegraph article). People who provide those goods are most likely to gain during the recession. A typical example of that would be the Leaderprice – chain of supermarkets well known from its low prices. The domestic tourism can be putted as an example of an inferior for which demand is likely to soar.

People who provide services and goods that may make production process or consumption cheaper might also gain from the recession. Good example are services like e-bay, which provides second goods for which demand is soaring during recession. Good example are layers, for whom demand has grown due to the increasing amount of bankruptcies, insolvent clients of banks. To deal with problems the are most likely to hire a layers.