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Illustrate some example of the development process affected on culture.
Examples of the development process affected on culture:
• Foreign Direct investment (FDI) and IMF structural reform package scan be considered as neo (near) colonialism since they including adopting a foreign business culture.
• In western ideas are accepted only when they do not contradict prevailing social structure and religious beliefs.
• Russia is struggling to put back the values of communism along with which of a free-market democracy and economy
• A culture of material consumption is acquiring ground in between the emerging middle classes of LDCs.
what are the examples of business economics.
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