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Economic diversity or economic diversification refers to variations in the economic status or the use of a broad range of economic activities in a region or country. [1] Diversification is used as a strategy to encourage positive economic growth and development. [ 2 ]
STAR-ADVERTISER / 2017 A study by the University of Hawaii’s Economic Research Organization finds businesses related to tourism such as water-based industries could help diversify the economy.
It is widely accepted that inclusive growth is practically challenging to be achieved in real world. [8] On the one hand, there is a lack of a comprehensive and worldly recognised set of standards to systematically measure the inclusiveness of growth, which makes data collection and policy evaluation difficult. [9]
Here's how to diversify your portfolio without the headache of being a landlord Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead . Get in ...
By opting for a Gold IRA with Rosland Capital — an industry leader in precious metals with an A+ rating from the Better Business Bureau — you can diversify your portfolio and stabilize your ...
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
Daphne Greenwood and Richard Holt distinguish economic development from economic growth on the basis that economic development is a "broadly based and sustainable increase in the overall standard of living for individuals within a community", and measures of growth such as per capita income do not necessarily correlate with improvements in ...
If you're new to investing, you may have heard the term "diversification" thrown around a lot. Wondering what exactly it means to diversify your portfolio? Check Out: In 5 Years, These 2 Stocks ...