Explain how diversification works within a national economy


Write about how diversification works within a national economy, and illustrate the risks nations or specific regions within nations have when there is minimal diversification.

include:
­Define what diversification means in a national economy
­Give at least one example of what a well-diversified country might look like.
­Give at least one example of what a poorly diversified country might look like

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Microeconomics: Explain how diversification works within a national economy
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