Knowledge Builders

what is diversification in social studies

by Akeem Champlin Published 3 years ago Updated 2 years ago
image

Diversity studies examines human relations by looking at inequalities in gender, age, race, religion, nationality, ethnicity, sexuality, and socioeconomic standing in order to gain an understanding of cultures and human interactions.

diversification. / (daɪˌvɜːsɪfɪˈkeɪʃən) / noun. commerce the practice of varying products, operations, etc, in order to spread risk, expand, exploit spare capacity, etc. (in regional planning policies) the attempt to provide regions with an adequate variety of industries.

Full Answer

What is diversity and why practice it?

What Is Diversity? Why Practice It? How Do I Cultivate It? What Is Diversity? For the Greater Good Science Center, “diversity” refers to both an obvious fact of human life—namely, that there are many different kinds of people—and the idea that this diversity drives cultural, economic, and social vitality and innovation.

What is diversity and how do I cultivate it?

How Do I Cultivate It? What Is Diversity? For the Greater Good Science Center, “diversity” refers to both an obvious fact of human life—namely, that there are many different kinds of people—and the idea that this diversity drives cultural, economic, and social vitality and innovation.

Why Teach unity and diversity in social studies?

Even classes that appear to be homogenous contain diversity — in terms of gender, personality, and ability. Social studies provides a natural forum for teaching students to recognize and respect differences within the classroom and beyond. In the video, “Unity and Diversity,” teachers help students understand differences by:

What is diversification and why is it important?

What is Diversification? Diversification occurs when a business develops a new product or expands into a new market. Often, businesses diversify to manage risk by minimizing potential harm to the business during economic downturns.

image

What do you mean by diversification?

What Is Diversification? Diversification is a risk management strategy that mixes a wide variety of investments within a portfolio. A diversified portfolio contains a mix of distinct asset types and investment vehicles in an attempt at limiting exposure to any single asset or risk.

What is the definition of diversification quizlet?

Define diversification. Diversification refers to the expansion of an existing firm into another product line or market. It may be related or unrelated. It allows firms to expand their product lines and operating in several different economic markets.

Why is diversification important?

Diversification is a technique that reduces risk by allocating investments among various financial instruments, industries and other categories. It aims to maximize return by investing in different areas that should each react differently to changes in market conditions.

What does diversification mean in economics?

Economic diversification can be defined as the shift toward a more varied structure of domestic production and trade with a view to increasing productivity, creating jobs and providing the base for sustained poverty-reducing growth.

How is diversification related to risk and return quizlet?

Diversification allows investors to maximize returns by keeping much of their portfolio in a single asset. Proper diversification should reduce the riskiness associated with a portfolio.

What is diversification in investing quizlet?

Diversification. An investment strategy in which you spread your investment dollars among industry sectors. Index.

What is an example of diversification?

Concentric diversification refers to the development of new products and services that are similar to the ones you already sell. For example, an orange juice brand releases a new “smooth” orange juice drink alongside it's hero product, the orange juice “with bits”.

What is diversification and its advantages?

Diversification is the practice of investing in more than one business to benefit from that activity independently. In other words, it means investing in different ventures. Investing in more than one business has many opportunities; however, it can be very risky as well.

How is diversification used?

Diversification is a common investing technique used to reduce your chances of experiencing losses. By spreading your investments across different assets, you're less likely to have your portfolio wiped out due to one negative event impacting that single holding.

What is an example of economic diversification?

Chile is an example of a diversified economy, exporting more than 2,800 distinct products to more than 120 different countries. Zambia, a country similarly endowed with copper resources, exports just over 700 products — one-fourth of Chile's export basket — and these go to just 80 countries.

What are the two types of diversification?

There are three types of diversification techniques:Concentric diversification. Concentric diversification involves adding similar products or services to the existing business. ... Horizontal diversification. ... Conglomerate diversification.

What is a synonym for diversification?

In this page you can discover 21 synonyms, antonyms, idiomatic expressions, and related words for diversification, like: diverseness, diversity, heterogeneity, variegation, heterogeneousness, multiformity, variety, variousness, job-creation, multifariousness and miscellaneousness.

What is the definition of risk quizlet?

Traditional Definition of Risk. Uncertainty concerning the occurrence of loss.

What is diversification Everfi?

Diversification is an investment strategy that mixes a wide variety of investments from different categories within a portfolio.

What is a danger of over-diversification quizlet?

What is a danger of over-diversification? If your investments are spread thin, it is hard to beat the market.

Why is portfolio diversification an important investment strategy quizlet?

The main benefit of diversification is that it reduces the exposure of your investments to the adverse effects of any individual stock. Diversifying your investments could protect you to some degree from the problems associated with misleading financial statements from some companies.

What is diversity in science?

What Is Diversity? For the Greater Good Science Center, “diversity” refers to both an obvious fact of human life—name ly, that there are many different kinds of people—and the idea that this diversity drives cultural, economic, and social vitality and innovation.

Why is it important to understand differences?

Research shows that differences do make it harder for people to connect and empathize with each other. Navigating differences can be tough, whether in the classroom, the workplace, or our personal relationships—and yet people all over the world do it every day. It’s a prosocial skill, like empathy or forgiveness, that can be developed over a lifetime with intentionality, knowledge, and practice. In diverse societies, cultivating our ability to forge relationships across differences can actually increase our well-being.

Do ethnic studies help in school?

A new study found that high school students who take ethnic studies are more likely to succeed in school.

Do diverse organizations outperform non-diverse counterparts?

Many studies have found that diverse organizations outperform their non-diverse counterparts. For example, when researchers studiedthe gender composition of management teams of the top firms in Standard & Poor’s Composite 1500 list, they found that, on average, “female representation in top management leads to an increase of $42 million in firm value.”

Does separation reduce diversity?

Finally, separation fuelsintergroup discrimination, conflict, and violence—while embracing diversity seems to reduce it. People who live in homogenous communities, who have few opportunities for contact with outside groups, tend to resist diversity, which in turn seems to negatively affect their well-being.

Do homogeneous people resist diversity?

People who live in homogenous communities, who have few opportunities for contact with outside groups, tend to resist diversity, which in turn seems to negatively affect their well-being. People who have taken a genetic ancestry test are more likely to self-identify as multiracial, according to a new study.

Does economic diversity matter?

Economic diversity matters as well . Several studies suggest that contact across social classes seems to influence well-being and prosocial behaviors like gratitude and generosity. This research suggests it’s bad for everyone’s well-being when the rich don’t have contact with the poor, or the poor with the middle class.

Why is diversity important in the classroom?

The cultural and ethnic diversity found in many classrooms provides teachers with an opportunity to develop habits of mutual respect and appreciation of differences.

How does social studies help students?

Social studies provides a natural forum for teaching students to recognize and respect differences within the classroom and beyond. In the video, “Unity and Diversity,” teachers help students understand differences by: assigning group work that requires consensus about different values,

Who wrote the differentiated classroom?

Tomlinson, C. A. The Differentiated Classroom: Responding to the Needs of All Learners. Alexandria, VA: Association for Supervision and Curriculum Development, 1999.

Two Friends

This photograph depicts two children playing. One child has multiple disabilities and the other child does not.

Peace Begins With You

Katherine Scholes begins this informative piece by describing the multi-facted nature of the word "peace" and what it can mean to different people at different times. Then she provides concrete ways that each of us can be a peacemaker.

Developing Language to Talk About Texts

This strategy gives students tools to use when exploring, thinking about and discussing read-aloud texts.

Buddy Share

Students choose a mode of expression—e.g., writing, art or storytelling—to share theme-related ideas and feelings with a “buddy” from outside the classroom.

Collage of Concerns

Students create visual artwork combining various images to convey diversity or social justice issues, concerns or themes related to the central text.

What is Diversification?

Diversification occurs when a business develops a new product or expands into a new market. Often, businesses diversify to manage risk by minimizing potential harm to the business during economic downturns. The basic idea is to expand into a business activity that doesn't negatively react to the same economic downturns as your current business activity. If one of your business enterprises is taking a hit in the market, one of your other business enterprises will help offset the losses and keep the company viable. A business may also use diversification as a growth strategy.

How does a business diversify?

A business diversifies by expanding into a new product or market. Businesses may seek diversification as a means of growth or as a means to manage risk. Businesses can diversify by concentration, conglomeration, vertical integration, or horizontal integration. Learning Outcomes.

What is the strategy of conglomerate diversification?

Another strategy is conglomerate diversification. If a company is expanding into industries that are unrelated to its current business, then it's engaging in conglomerate diversification. For example, the car company we've been discussing may decide to enter the computer business, the toothpaste business, the real estate business, and the furniture business. Conglomerate diversification is a good means to manage risk as long as you can effectively manage each business, which leads us to the disadvantage. Management may not have the skills or experience to manage the new enterprises.

How to diversify a company?

A company may decide to diversify its activities by expanding into markets or products that are related to its current business. For example, an auto company may diversify by adding a new car model or by expanding into a related market like trucks. An advantage to this approach is the synergy that can be created due to the complementary products and markets. Additionally, expansion can be relatively easy because the skills and knowledge to run the new business are similar to those the company already possesses.

What is the idea of expanding into a business activity that doesn't negatively react to the same economic downturns?

The basic idea is to expand into a business activity that doesn't negatively react to the same economic downturns as your current business activity. If one of your business enterprises is taking a hit in the market, one of your other business enterprises will help offset the losses and keep the company viable.

Why is diversifying business activities important?

Diversifying business activities allows companies to thrive by managing risk and expanding into new markets. See the strategies companies use to grow and learn why some fail and others hit it big. Updated: 09/07/2021

Is conglomerate diversification good?

Conglomerate diversification is a good means to manage risk as long as you can effectively manage each business, which leads us to the disadvantage. Management may not have the skills or experience to manage the new enterprises.

What is social studies used for?

Since then, the social studies standards have been widely and successfully used as a framework for teachers, schools, districts, states, and other nations as a tool for curriculum alignment and development. However, much has changed in the world and in education since these curriculum standards were published.

What is the purpose of social studies?

The aim of social studies is the promotion of civic competence—the knowledge, intellectual processes, and democratic dispositions required of students to be active and engaged participants in public life. Although civic competence is not the only responsibility of social studies nor is it exclusive to the field, it is more central to social studies than to any other subject area in schools. By making civic competence a central aim, NCSS has long recognized the importance of educating students who are committed to the ideas and values of democracy. Civic competence rests on this commitment to democratic values, and requires the abilities to use knowledge about one’s community, nation, and world; apply inquiry processes; and employ skills of data collection and analysis, collaboration, decision-making, and problem-solving. Young people who are knowledgeable, skillful, and committed to democracy are necessary to sustaining and improving our democratic way of life, and participating as members of a global community.

What are thematic strands in social studies?

The thematic strands draw from all the social science disciplines and other related disciplines and fields of study to provide a framework for social studies curriculum design and development. The themes provide a basis from which social studies educators can more fully develop their programs by consulting the details of national content standards developed for history, geography, civics, economics, psychology, and other fields, 2 as well as content standards developed by their states. Thus, the NCSS social studies curriculum standards serve as the organizing basis for any social studies program in grades pre-K through 12. Content standards for the disciplines, as well as other standards, such as those for instructional technology,3 provide additional detail for curriculum design and development.

What are the learning expectations in social studies?

The Learning Expectations provide illustrations of what students learn at each level in the social studies curriculum. The language of the Learning Expectations is aimed at teachers and seeks to capture the expectations of over-arching, long-range outcomes.

What is the civic mission of social studies?

The civic mission of social studies demands the inclusion of all students—addressing cultural, linguistic, and learning diversity that includes similarities and differences based on race, ethnicity, language, religion, gender, sexual orientation, exceptional learning needs, and other educationally and personally significant characteristics of learners. Diversity among learners embodies the democratic goal of embracing pluralism to make social studies classrooms laboratories of democracy.

Can social studies be taught in one class?

These important issues can be taught in one class, often designated “social studies,” that integrates two or more disciplines. On the other hand, issues can also be taught in separate discipline-based classes (e.g., history or geography).

image

1.Understanding Diversity Social Studies (SST) Class 6

Url:https://edurev.in/chapter/2627_Understanding-Diversity

14 hours ago Social Diversification. – having different ideas, personalities, thoughts or opinions in a region/group. – contrasting beliefs, cultures, or opinions as one. – contributing to society with one’s own thoughts.

2.Diversity Definition | What Is Diversity - Greater Good

Url:https://www.greatergood.berkeley.edu/topic/diversity/definition

5 hours ago Understanding Diversity is part of Social Studies (SST) Class 6 for Quick Revision. These notes are comprehensive and detailed yet concise enough to glance through for exam preparations. Understanding Diversity is one of the critical chapters for students to understand thoroughly to perform well in Class 6 examinations.

3.Issues in Social Studies: Unity and Diversity

Url:https://www.learner.org/series/social-studies-in-action-a-teaching-practices-library-k-12/unity-and-diversity/

22 hours ago  · For the Greater Good Science Center, “diversity” refers to both an obvious fact of human life—namely, that there are many different kinds of people—and the idea that this diversity drives cultural, economic, and social vitality and innovation. Indeed, decades of research suggest that intolerance hurts our well-being—and that individuals thrive when they …

4.Social Studies Chapter 4 What is Diversity - SlideShare

Url:https://www.slideshare.net/gohbangrui/chapter-4-what-is-diversity

10 hours ago If one of the purposes of social studies is to help students see themselves as citizens of a culturally diverse, democratic society, then exploring concepts of unity and diversity is a powerful means of attaining that goal. Overview.

5.Teaching Diversity in the Classroom through Social Studies

Url:https://www.learningforjustice.org/learning-plan/teaching-diversity-in-the-classroom-through-social-studies

34 hours ago  · Subscribe to my education channel. These slides introduce Chapter 4: What is Diversity in Society under Issue 2: Living in a Diverse Society to the Secondary 3 students who are studying Social Studies for the Singapore current syllabus 2016. These slides are divided into 4 areas. 1. Nationality [Slide 4] 2.

6.What Is Diversification of Business? - Strategies, …

Url:https://study.com/academy/lesson/what-is-diversification-of-business-strategies-definition-examples.html

9 hours ago The social work field has come a long way, and it has more evolving to do. Diversity in social work is here to stay, though. Embracing diversity may mean working through differences, not across: social workers and their clients working together with an honest appreciation for the implications of these differences in the life of the client. With the capacity to explore and address those …

7.National Curriculum Standards for Social Studies: …

Url:https://www.socialstudies.org/standards/national-curriculum-standards-social-studies-introduction

26 hours ago Learning for Justice offers affordable professional development workshops for current K-12 classroom teachers, administrators and counselors, and for anyone who coaches classroom teachers and administrators. Explore the schedule and register today—space is limited!

8.THIS Social Studies in Preschool - HighScope

Url:https://highscope.org/wp-content/uploads/2018/08/166.pdf

5 hours ago  · Conglomerate diversification is a good means to manage risk as long as you can effectively manage each business, which leads us to the disadvantage. Management may not have the skills or ...

9.Videos of What is Diversification In Social Studies

Url:/videos/search?q=what+is+diversification+in+social+studies&qpvt=what+is+diversification+in+social+studies&FORM=VDRE

14 hours ago These curriculum standards represent a holistic lens through which to view disciplinary content standards and state standards, as well as other curriculum planning documents. They provide the framework needed to educate students for the challenges of citizenship in a democracy. The Ten Themes are organizing strands for social studies programs.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9