Economic Growth vs Cultural Growth
Economic growth and cultural growth are both needed in order for a country to “grow”. A country’s progress is not determined by its economic growth alone; it is also determined by its cultural growth. Sometimes people get confused as to how these two differ from each other.
Economic growth can be determined by the increase of the country’s GDP or gross domestic product. The country’s gross domestic product is driven primarily by the productivity improvements including but not limited to producing more goods or services with same input of capital, materials, energy and labor. A country’s goal is primarily to have a positive economic growth, since the country’s progress depend on this as well.
Cultural growth can be defined as how the country’s people stand in a crowd of other nationalities and still show that he is from this country and can show his or her culture. There are times that one mentions a country and then the other party would not know where that is. The common phrase, putting one’s country in the map, means having your country known by other nationalities.
Difference between Economic Growth and Cultural Growth
First-world countries have come a long way before they reached their present-day status. The normal reaction that we see among people when speaking of an affluent country is; we should learn their culture. The whole economic and cultural growth is a cycle. But here are notable differences: Economic growth pertains to money while cultural growth is about the people, traditions and practices handed over from generation to generation. Most of the time, countries get noticed overseas because of how stable their economy is, rather than their cultural growth; although there are a few countries known better because of their culture.
One thing one should remember though, it is best that both economic and cultural growth are in the same direction; in that way one can expect a positive result.
• Economic growth pertains to money while cultural growth is about the people, traditions and practices handed over from generation to generation.
• Most of the time, countries initially get noticed overseas because of how stable their economy is, rather than their cultural growth.