"There is no diversification of industry," he said.
Lyons' ministry benefited from worldwide economic recovery and achieved a government surplus in 1934, along with a continuing decline in unemployment and diversification of industry.
As the century progressed there was diversification of industry.
Besides, adjustment of the industrial structure, diversification of the industries, economic stability improvement, introduction of advanced management experience, technological innovation, product value improvement, and promotion of creativity should all be encouraged.
Research analysts covering Baldor do caution clients about the company's exposure to the U.S. economy (83% of revenues in 2007), but they like what they see in Baldor's strong cash flow, diversification of customers and industries (9,500 customers in 160 industries including agriculture, food & beverage and chemical) and commitment to debt reduction.
To maintain its long-term prosperity, Alaska needs to shift from petro-welfare to investing its energy wealth in the growth and diversification of its key industries.
Research analysts bullish on AOS say they are concerned about the company's exposure to the US housing market, but they think this risk is offset by the company's strong cash flow, diversification of customers and industries, and focus on high-growth international markets.
It is expected that diversification of the mushroom industry will continue in many parts of the world (Ghang 2006).
In the 1920s and 1930s there was further diversification of the chemical industry and the products it manufactured.
