Show Me the Monies
Some businesses did well during the Great Depression of the 1930s, including repair shops, bicycle shops and second-hand stores. During World War II, when consumer spending was sharply curtailed, everyone from small businesses to major corporations did well financially if they made products to aid in the war effort. In the 1970s, stagflation did not stop McDonald's (MCD) from experiencing considerable growth.
Remember: No matter how troubled the economy may be at a given time, some players always find ways to be winners. During the Great Recession, even though home builders and banks went through tough times -- and are still struggling -- some businesses flourished....474 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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