Diversify for Dummies
verb
pronunciation: dɪ'vɜrsə,faɪWhat does Diversify really mean?
Hey there! So, "diversify" is a word that means to make something more varied or diverse. When we talk about diversifying, we're talking about adding different elements or making things more inclusive. It's kind of like when you have a big box of crayons and you decide to add in some new colors - you're diversifying your collection of crayons.
In a more grown-up sense, when we talk about businesses or investments diversifying, we mean that they are spreading their resources out and trying different things instead of putting all their eggs in one basket. This can help reduce risk and make things more stable. It's like how a farmer might plant different crops instead of just relying on one, so if something goes wrong with one crop, they still have others to rely on.
So, when we talk about diversifying, we're talking about adding variety, spreading things out, and making things more inclusive. Hopefully that helps you understand what "diversify" means! If you have any more questions, feel free to ask.
In a more grown-up sense, when we talk about businesses or investments diversifying, we mean that they are spreading their resources out and trying different things instead of putting all their eggs in one basket. This can help reduce risk and make things more stable. It's like how a farmer might plant different crops instead of just relying on one, so if something goes wrong with one crop, they still have others to rely on.
So, when we talk about diversifying, we're talking about adding variety, spreading things out, and making things more inclusive. Hopefully that helps you understand what "diversify" means! If you have any more questions, feel free to ask.
Revised and Fact checked by Emma Williams on 2023-11-15 08:35:43
Diversify In a sentece
Learn how to use Diversify inside a sentece
- One way to diversify your investment portfolio is to put some of your money into stocks, some into bonds, and some into real estate.
- To have a healthy diet, it's important to diversify your food choices by eating a variety of fruits, vegetables, and proteins.
- A successful business will often diversify its products or services to reach a wider range of customers.
- In order to create a more inclusive workplace, companies should diversify their hiring practices to attract candidates from different backgrounds.
- To make a more interesting movie, the director might diversify the scenes and characters to keep the audience engaged.
Diversify Synonyms
Words that can be interchanged for the original word in the same context.
Diversify Antonyms
Words that have the opposite context of the original word.
Diversify Hypernyms
Words that are more generic than the original word.
Diversify Hyponyms
Words that are more specific than the original word.