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Which is an advantage of having a diversified economy rather than a single-resource economy?

Countries with diversified economies are able to purchase more goods from other countries.
Countries with diversified economies provide better educational opportunities for their citizens.
Countries with diversified economies offer more social services to people who need them.
Countries with diversified economies can rely on other resources if one resource loses value.

Which is an advantage of having a diversified economy rather than a single-resource-example-1
User Qy Zuo
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D

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User Gbroekstg
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