Economically diverse city

Definition

An economically diverse city refers to a city that has a wide range of industries and economic activities, with different sectors contributing to its overall economy. It is characterized by the presence of various businesses offering different goods and services.

Related terms

Economic sector: A specific segment or category of the economy that includes businesses operating in similar industries or providing similar types of goods or services.

Industry: A group of companies that produce similar products or offer similar services.

Local economy: The economic activities and transactions that take place within a specific geographic area, such as a city or region.