Question

What does it mean to diversify the economy?How would diversifying the economy benefit the UAE? Is it beneficial for all? Who is being left out?

Answer 1

❤ hOlA mAtE ❤

• The Importance Of A Diversified Economy. Diversification of an economy means that if a business falls and breaks, the effect on the overall economy within the region will be minimized.
• The policy of economic diversification has led into impressive development in key sectors such as tourism, air transport, trade, financial services, manufacturing and alternative energy. The UAE has made progress towards ending its economic dependence on hydrocarbons.

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Answer 2

• Importance of a diversified economy. diversification of any economy means that if a business falls and breaks , the effect on the overall economy within the region will be minimized.
• The policy of economic diversification has led into impressive development in key sectors such as tourism, air , transport , trade, financial services, manufacturing and alternative energy. The UAE has made progress towards ending its economic dependence on hydrocarbons..