How does culture influence the development process, Business Economics

Assignment Help:

How does culture influence the development process?

Culture influences what is of value into a society and affects how individuals, communities and organisations react to modify. Cultural barriers can restrain economic growth.

The process of development essentially involves changes which threaten traditional ways of doing things. As like some example as given below:

• Western value systems emphasise the privileges of individuals. Several LDC cultures are collectivist in nature and notice individualism like a threat to cherished traditional values. This is not right for individuals to own land held within common for centuries

• Western and native cultures may have various types of views on women and class as an example of untouchable caste in some countries.

• Capitalist notions of meritocracy (by appointing the most excellent qualified person to a job irrespective of gender or race) might clash along with traditional loyalty to family or relationship group.


Related Discussions:- How does culture influence the development process

Long-run average cost curve, Why might the point at which the long-run aver...

Why might the point at which the long-run average cost curve levels out change over long periods of time? include a diagram.

Problems of lower income countries, PROBLEMS OF LOWER INCOME COUNTRIES ...

PROBLEMS OF LOWER INCOME COUNTRIES There are vast income and wealth disparities in world we live in. Approximately one-fourth of the world’s population accounts for the three-f

Differentiate configuration management and change control, Define the diffe...

Define the difference between configuration management and change control and the relationship among them. Change control is the management of the project scope. Configuration

Fixed vs. flexible exchange rate, what is fixed vs.flexible rate of exchang...

what is fixed vs.flexible rate of exchange agreement?

What are implications of sustainability in economic growth, What are the im...

What are the implications of the sustainability in economic growth? Implications of the sustainability in economic growth: Moving in the direction of sustainable development

Capitation, example of an HMO with these types of set rates

example of an HMO with these types of set rates

What are the major problems in measuring national income, What are the majo...

What are the major problems in measuring national income? The major problems in measuring national income: a. Unreliable statistics data collection is costly and the figu

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd