Question

What are the various diversities in the area of economic activities?How can it be minimised​

Answer 1

Answer:

There are different diversities like ethnic, cultural, religious, and linguistic.  

Explanation:

Cultural diversity leads to instability in society if not managed properly. Linguistic diversity can also affect economic performance if one linguistic group is given importance over others. The higher the linguistic diversity, the less stable the economy is.

It is difficult to minimize these diversities, however, if managed properly, these won't affect the economy.

Answer 2

Answer:

• There are various diversities in case of economic activities.
• Cultural diversity of a nation can lead to the societal instability.
• The societal instability cannot be affected only by the diversity within a nation but also the diversity between any nation and its neighbour countries.
• Linguistic diversity also affects the economy.