What might a country choose to diversity it’s economy

helps to keep the country stable even during difficult times, as the economic downturn occurs simultaneously in all sectors and markets. The diversification of business activities brings competitive advantages, allowing companies to reduce business risk. This is why they are such a great business development tools.

when world war i broke out across europe in 1914, president woodrow wilson proclaimed the united states would remain neutral, and many americans supported this policy of nonintervention. however, public opinion about neutrality started to change after the sinking of the british ocean liner lusitania by a german u-boat in 1915; almost 2,000 people perished, including 128 americans. along with news of the zimmerman telegram threatening an alliance between germany and mexico, wilson asked congress for a declaration of war against germany. the u.s. officially entered the conflict on april 6, 1917.