Briefly describe the cultural factors affecting the economic activities of a
country
Answers
Answer:
On average, cultures with a higher concentration of values identified as an achievement orientation, relative to a concentration of values supported with a limited good belief, experience more rapid economic growth. In countries where independence is emphasized in children's upbringing, the economy will grow faster.
Explanation:
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Answer:
children's economic and social outcomes, both during their childhood and in their adult years, largely depend on the circumstances into which they are born and raised. Such circumstances are the product of children’s families, schools, and neighborhoods; the peers and adults with whom they spend time; the media images that shape their perceptions of themselves and their place in the world; and other factors—both internal and external to the individual child. Many would say that culture plays a large role in shaping a child’s life experiences and outcomes. But culture is hard to define and quantify, and controversial to talk about, especially as an ill-defined concept. Furthermore, the question of what—if anything—policy makers and practitioners can do about culture is hard to grapple with, unlike more readily measured and studied concepts like income or educational attainment.