Ceria Republic is a country that has achieved rapid economic growth and prosperity over the last couple of decades as a result of globalization. Hence, the country is most likely to see a cultural shift away from:

(A) greater collectivism.

(B) greater economic freedom.

(C) well-being values.

(D) secular rational values.

(E) cultural convergence.

Question

Business

Shirley

22 December, 15:46

Ceria Republic is a country that has achieved rapid economic growth and prosperity over the last couple of decades as a result of globalization. Hence, the country is most likely to see a cultural shift away from:

(A) greater collectivism.

(B) greater economic freedom.

(C) well-being values.

(D) secular rational values.

(E) cultural convergence.

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Answers (1)

Know the Answer?

Elise · Answer 1

A. Greater collectivism

Explanation:

Collectivism occurs when members are interdependent putting common goals over individual pursuits. The direct opposite is individualism. Over times, studies has shown that changes in societal beliefs has led to globalization and economic advancement. It also indicates that a pull away from greater collectivism accompanies economic development. This is because, individualism promotes economic development by driving individuals need to invest, innovate and accumulate wealth. As a result, collectivism is said to impede economic development and individualism is said to facilitate it.