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Cultural retention is the act of retaining the culture of a specific ethnic group of people, especially when there is reason to believe that the culture, through inaction, may be lost. Many African-American, European and Asian organizations have cultural retention programs in place.
Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions. [ 1 ]
The Journal of Cultural Economics is a quarterly peer-reviewed academic journal covering research on the economics of the arts and literature. It was established in 1977 and is published by Springer Science+Business Media in cooperation with the Association for Cultural Economics International . [ 1 ]
Here, "culture" is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters to economic outcomes and what its relation is to institutions. [105] As a growing field in behavioral economics, the role of culture in economic behavior is increasingly being demonstrated to cause ...
Critical cultural research reveal consequences for the lifting of bits of culture, remolding for a mass audience, then selling the alternate view. A few of repercussions of commodification of culture: Only selected, majority cultural practices are shown leaving out other important minority cultures which are overlooked and/or ignored.
Some have influenced feminist economics. The basic premise is that economic activities can only be fully understood in the context of the society that creates them. The concept of "value" is a social construct, and as such is defined by the culture using the concept. Yet we can gain some insights into modern patterns of exchange, value, and ...
A rotating savings and credit association (ROSCA) is a group of individuals who agree to meet for a defined period in order to save and borrow together, a form of combined peer-to-peer banking and peer-to-peer lending.
Borrow or borrowing can mean: to receive (something) from somebody temporarily, expecting to return it. In finance, monetary debt; In linguistics, change in a language due to contact with other languages; In arithmetic, when a digit becomes less than zero and the deficiency is taken from the next digit to the left; In music, the use of borrowed ...