Have you ever noticed that when you see an economically struggling society that you also see that the culture and social atmosphere is underdeveloped? When a society is struggling economically, often times the people will be more concerned with bettering the economic portion of their society rather than the cultural and social context. Food and money has a funny way of taking precedence over social and cultural activities. For example, in countries such as Brazil, in the more poverty-stricken areas, parents will often times place such an importance on making a days-wage, that often time they will leave newborns with their four or five-year old children. I'm not sure if I blame them, it is either that or there families will perish due to hunger and lack of shelter. (Annual Editions, PG 101) On the other hand, when a society is economically thriving, the social and cultural aspects of society will be looked at for improvement. I have never heard of a poverty-stricken nation wishing to go to war due to the lack of cultural and social aspects present in their lives, yet I have heard of nations going to war to better their economic status. What do you think the Boston-tea party was about? The people were not in a good state economically due to high taxation. The question is how does economic development create social and cultural development?
Economic development creates a social and cultural development. To define: Economics can be defined as the branch of knowledge concerned with the production, consumption, and transfer of wealth and development is defined as the process of developing or being developed (Oxford Dictionary). So if we put those two together, economic development can be described as the development of production, consumption, and transfer of wealth. ...