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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.
Importance of production.
WHY DO GOVERNMNETS PLACE HIGH TAX RATES ON PRODUCTS SUCH AS PETROLA ND CIGRATTES
The end of fixed exchange rates
What factors affect Population Change? Population growth is affected by given factors: • Births from the 1960s birth rates have declined quickly inmost LDCs except which in
uses of discounting principals
the central problem facing a group of survivors on a ship
How does colonial background influence the development process? Colonial experience influences: • Language for example the official language of US is English. • Legal and
Calculate the market value of your corporation at the end of the sample period. Multiply the last price in the sample times the number of shares outstanding at that time. You can
A member of your team shows disruptive behaviour. Her work is excellent but she is not a team player. The results are that she does not make a payment to team effort and her collea
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