The economy of each nation is affecting each other globally. Every country strives to promote its growth at producing goods and services. The diversity among nations, which arises from different histories, cultures, and economic resources, potentially increases the growth of the global economy through trades and competitions. In fact, diversity might just be the key to creating a better global economy. Diversity in nations differentiate each country’s perspectives and responses toward global economic issues, which can affect competition in the market and enhance the quality of goods and services that are provided. In other words, diversity plays a significant role in creating better economies among nations. However, when diversity is not managed effectively, it can potentially divides the world. Regional confilcts and wars are some examples of the failure to manage diversity. It is the interest of each country to understand the diversity among nations and use it as a means to improve the prosperity of each country.