Benefits Of Diversity And Diversity

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Society gains a lot by supporting culturally diverse environments. In this research paper I am going to present my thoughts and opinions on the arguments. What I believe and then back my opinions and information up with quotes and research from articles on Diversity and Innovation. Accepting the diverse differences and cultures,means that the society can benefit and grow with more ideas. As the Nation’s human capital grows more women, people of color, gays or lesbians, transgenderism and other ethnic minorities enter the workforce. The society benefits from these ethnic and cultural groups because they can bring even more ideas and inventions to the table. “A McKinsey & Company study, for example, found that the increase in women’s overall share of labor in the United States—women went from holding 37 percent of all jobs to 47 percent over the past 40 years—has accounted for about a quarter of current GDP.” (source 1) Which means that more women are gaining credibility for work or ideas. A more diverse workforce captures more things from the consumer market. When they bring more people from the women, gays, lesbians, blacks, and other cultures there is a higher increase in the market …show more content…

“Census data tell us that by 2050 there will be no racial or ethnic majority in our country. Further, between 2000 and 2050 new immigrants and their children will account for 83 percent of the growth in the working-age population. Our economy will grow and benefit from these changing demographics if businesses commit to meeting the needs of diverse communities as workers and consumers.” (source 1) Workers and consumers are the key to the growth of a company and without these companies have no chance of success. Therefore when the companies are more adaptive to the diversity then they are sure to get more people applying and more people interested in the products of one

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