As Developing Countries Make a Transition to Market-Based Economies, One

question 1

Essay

As developing countries make a transition to market-based economies, one of the first major capital investments is in "Western-quality" hotels. Explain why brand-name hotel accommodations are a critical step in attracting foreign investment.

---

Definitions:

Inequality

The uneven distribution of resources, opportunities, and rights among people, leading to social disparities and discrimination.

Durkheim

A pioneering French sociologist, Emile Durkheim, known for his foundational work on social solidarity, religion, and the concept of the social fact.

Collective Conscience

The shared beliefs, morals, and attitudes that operate as a unifying force within society.

Latent Function

Unintended and often unrecognized outcomes that contribute to the adjustment or adaptation of a system.