Culture is diverse, and its variant changes with areas. Different parts of the world have distinguished cultures which directly or indirectly affect the economic growth. Globalization has made the world into one small planet where different cultures have to mingle and share ideologies and markets. People who have grown up in different cultures in early times can clearly understand the transition. One is left to wonder; where can different cultures takes us if we let go? Will it affect the economy positively or negatively? This article is dedicated to highlighting on how to improve economic growth through different cultures.
How to improve economic growth through different cultures
Cultural tourism bring foreign currency
People travel from all over the world to experience different cultures. Most communities charge for cultural tourism and earn from the initiatives. While visiting such communities is a is fun for you, the money one spends while doing such visits is a direct economic benefit to the residents of such an area. Almost all countries all over the world have a culture to show the rest the world.
Another aspect of culture that gives communities an economic boost if the food. People like sampling other people’s food when they visit different places in the world. Today, it common to see variously themed restaurant in different parts of the world like Chinese, Italian and Brazilian among many others
Culture determines the economic activities
The types of economic activities heavily rely on culture. This can easily be seen in business as well as the workplace. In a culture where certain animals are forbidden, people will not engage in business relating to the same. Additionally, companies may have to adopt certain culture into their work culture like dressing and hours of work.
Culture determines progress in economy
As much as each people have the culture they cherish, the overall world forces keep on evolving the world. How each culture responds to such needs will have an effect on the economy. One that accepts changes and incorporates them to the culture get the full economic benefits. The economy should grow progressively, and culture should contribute to its growth.
Culture can be used as an identity to specific people. However, it should contribute in all its aspects to making that society grow economically. The government and the local authorities have a mandate to regulate these activities and make sure the economy grow and benefits from the diverse cultures.