What is economic base diversification?
Grouping markets by their economic drivers (tech, energy, government, logistics, healthcare) rather than by map distance. Mueller and Ziering (1992) found it more efficient than geographic-region diversification.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.