Comparative Cultural Economics

COMPARATIVE CULTURAL ECONOMICS

Sesedi Maope

ECONOMIC CULTURAL DIMENSSIONS

Economic Status and Cultures of Major Regions.

 To understand cultures we must be able to communicate properly. The British economic  and military dominance in the nineteenth century and the U.S. dominance since World War II have been the result of a predominant language in their culture or lingua franca.

 Most Japanese and European public schools study English for many years. Countries that have many linguistic groups, such as India, Singapore, have adopted English as an official language in order to facilitate communication among the many diverse groups. Cultural diversity within a system tend to create problems which affect the political and economic  aspects of the system. However, widespread cultural uniformity, such as communication, does not necessarily solve all the problems. A good example is among the English-spoken countries because the meaning of some words vary among themselves, as well as, cultural peculiarities which are heavily influence by their local altitudes, believes, values, traditions, politics, and geography. Status, any position that determines where someone fits in society, serves as a window onto the culture by ascribing it or achieving it. Although mastery on understanding economic status of major regions is important, even small training can provide clues about cultural norms and attitudes that prove helpful in the comparative study.

 Customs or habitual way of behaving affects the different aspects of an economic systems. Economic forces and  principles which tend to be the same, varies from system to system due to the customs of the particular culture.

Cultural Diversity which affects economics approaches.

     1. Centralized vs. decentralize decision making:

 Centralization is a system in which all important decisions are made at the top of the  organization. The degree of centralization varies according to the local cultural environment and...