TAKE HOME EXAM for the class ECONOMICS OF RACE AND GENDER Essay

TAKE HOME EXAM for the class ECONOMICS OF RACE AND GENDER - Essay Example people across the world can allow people to understand the facts of life and also allows people to be more sensitive and caring about the differences of people across the world and also within their own society (Bucher). Diversity can allow people to learn about the cultural differences in society and can assist people improve the overall living conditions. The class has allowed us to learn more about diversity and how to deal with the diverse cultures. This in turn is very helpful learn the economic impact of the diverse cultures. The level of globalization and the number of different cultures that are present in the society help create newer opportunities and chances for people to develop links with others and use this as a chance to improve the economic conditions. Hence the impact of diversity clearly has very strong and effective impact on the economics of any society. Working in groups for presentations simply assists the presentation to be improved to a great extent. Group presentations can be very useful as it brings in the individual talents and resources of different individuals of different cultures and diverse backgrounds and make a pool of talent. It also helps in covering the mistakes of one member and allows the other members to provide support to each other in times of difficulties, it also allows productivity to be increased through peer group pressure and helps encourage the members be more focused at the topic. Also since all the members work together on developing the presentation, each person has a personal attachment to the entire presentation. All members feel equally responsible for the positives as well as negatives of the presentation and there is a higher commitment from each member of the group. The main disadvantages of the group presentations is the possible conflicts among the team members and also the major issues of gro up presentations is the possibility of a single person hogging away all the time and credit of the presentation.