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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 ]
Country Complexity Rankings [1]; Rank Country Economic complexity index (2018) Change in 5 years (2013-18) Change in 10 years (2008-18) 1 Japan 2.43 2 Switzerland 2.17
Since the ECI considers information on the diversity of countries and the ubiquity of products, it is able to produce a measure of economic complexity containing information about both the diversity of a country's exports and their sophistication.
An economy [a] is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. [ 3 ]
The U.S. economy, however, has been on a generally strong footing. Milei has less guaranteed support in Congress than Trump does and he cannot rely on his own party, needing conservative allies to ...
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
On the streets, many people interviewed by Reuters said Milei's government should focus on fixing the economy and poverty, not eroding rights only recently won in the country.
The U.S. has become more diverse over time, which has obscured the persistence of segregation, the report finds. Metropolitan areas aren’t all-white, all-Black, or all-Latino, but within ...