concept   diversification
culture   Western countries
statement   Diversification is a strategy in Western countries to spread risk and enhance resilience in various domains.
5 similar statements
# Concept Culture Statement Freq.
1 diversification Western countries Investors often practice portfolio diversification to reduce risk by investing in a variety of assets. 1
2 diversification Western countries In business, diversification is often viewed as a strategy to spread risk by entering into different markets or industries. 1
3 diversification Western countries In agriculture, crop diversification is encouraged to enhance resilience to pests and environmental changes. 1
4 diversification Western countries In wildlife conservation, diversification of habitats is essential to preserve biodiversity. 1
5 diversification Western countries Diversification of skills and knowledge is often promoted as a way to adapt to a changing job market. 1