Asked by becca

what does economically diversified mean?

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Answered by Writeacher
http://www.answers.com/economically

http://www.answers.com/topic/diversify
Answered by Ms. Sue
Economically diversified means that a nation or community has several ways of making money. A good example is the Detroit area which historically has not been economically diversified. The automobile industry was very important to the area's economy. But since this industry is nearly bankrupt, the automobile jobs have gone away, leaving the area with high unemployment.
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