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How does cultural diversity contribute to economic growth and innovation?

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Cultural diversity contributes to economic growth and innovation in several ways. When people from different cultural backgrounds come together, they bring a variety of perspectives, ideas, and skills to the table. This diversity of thought can lead to more creative problem-solving, new business ideas, and innovative products and services. Additionally, cultural diversity can help companies better understand and reach a wider range of customers, leading to increased market opportunities and growth. Overall, embracing cultural diversity can foster a more dynamic and competitive economy, driving innovation and prosperity.
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