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Diversification vs Pluralism - What's the difference?

diversification | pluralism |

As nouns the difference between diversification and pluralism

is that diversification is the act, or the result, of diversifying while pluralism is the quality or state of being plural, or in the plural number.

diversification

Noun

(en noun)
  • The act, or the result, of diversifying.
  • A corporate strategy in which a company acquires or establishes a business other than that of its current product.
  • pluralism

    Noun

    (en noun)
  • The quality or state of being plural, or in the plural number.
  • (ecclesiastical) The state of a pluralist; the holding of more than one ecclesiastical living at a time.
  • (social science) A social system based on mutual respect for each other's cultures among various groups that make up a society, wherein subordinate groups do not have to forsake their lifestyle and traditions but, rather, can express their culture and participate in the larger society free of prejudice.
  • *
  • Synonyms

    * (ecclesiastical) plurality

    References

    * * Guy Ankerl: Coexisting Contemporary Civilizations: Arabo-Muslim, Bhrati, Chinese, and Western. INUPress, Geneva, 2000 ISBN 2-88155-004-5 English words suffixed with -ism