Cultural traditions blocking business profit

Traditional cultures which emphasis generosity, social equality, strong family ties often prevent the generation of business profits. Family members and friends may demand credit from employees of a shop or business which is never paid back. Business owners may be expected to make hugh contributions to community affairs. The shop owner as the major interface between a moneyed economy and a barter economy is frequently in the position of never making a profit.
Related UN Sustainable Development Goals:
GOAL 4: Quality EducationGOAL 12: Responsible Consumption and Production
Problem Type:
F: Fuzzy exceptional problems
Date of last update
04.10.2020 – 22:48 CEST