Economic cultures can be heavily influenced by management status or job class cultures. This is because those cultures have an inherent income level associated with them in general. They are not fully enveloped by management status or job class culture as economic cultures will traverse other cultures.
An unusual aspect of the economic culture is that although the characteristics of culture members seems to be the same across distinctions, membership is defined locally. For example, affluence is determined by a local economy when locals are determined to be upper crust and nationally for another determination. Consider that what is affluent in Ethiopia is not affluent in Dubai even though members of both locations will act and react similarly.
Several groups have tried to change the names of the subcultures of the economic cultures by dividing the population into the top 1% and the remaining 99%. This over simplification of economic cultures seem to be more driven by political interest in by actual behavior. Even though the top 1% may think, act and react to situations similarly it is unreasonable to say the entire 99% of the remaining population shares the same thoughts, actions and reactions.
- Middle class
- Poor (paycheck-to-paycheck)
©2014 Max Impact, used with permission.
- Employment Diversity in Michigan, a human resources networking group on LinkedIn.
- Cultural roadmap, look at the contents of the character within each of us.
- Cultural Faux Pas and Culture Quizzes are interesting quizzes to test your diversity knowledge.
- Max Impact offers free leadership training and development materials.
- Keep your workforce motivated with these motivational quotes.
- Diversity books and training materials.
Learn more about today’s generations: