Question

Short note on economic and social diversity

Answer 1

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Economic structures vary across the euro area countries, causing differentials in economic performance between them. Diversity in economic structures relates, for example, to the relative importance of different economic activities for aggregate output.


Social Diversity. A successful community in which individuals of different race, ethnicity, religious beliefs, socioeconomic status, language, geographical origin, gender bring their different knowledge, background, experience and interest for the benefit of their diverse community.


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Answer 2

Short note on economic and social diversity:

• Economic structures vary across euro-area nations, causing economic output differentials within them. The diversity of economic structures, for example, refers to the relative importance for the net production of different economic operations.

Diversity of society:

• A successful group in which individuals of separate races, religious beliefs, ethnicity, socioeconomic status, geographical origin, language, gender bring their separate knowledge, experience, background, and interest to the benefit of their diverse community.

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