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Hofstede (1980) Presented a Statistical Analysis of About 117,000 Questionnaires

question 19

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Hofstede (1980) presented a statistical analysis of about 117,000 questionnaires collected in 1967 and 1973 from employees working in IBM subsidiaries in 40 different countries. The most important result of this analysis was a theoretical formulation of value dimensions for representing differences among national cultures, which consists of:

Assess the role of technological and scientific advancements during World War II.
Evaluate the social, political, and economic effects of World War II on the United States.
Discuss the rationale and consequences of internment policies and other wartime measures on civil liberties.
Describe the contributions of diverse groups to the war effort and how the war affected those groups.

Definitions:

Government Spending

The total amount of public sector expenditure on goods and services, including investments and transfers, which influences economic activity.

Interest Rates

The cost of borrowing money or the reward for saving, expressed as a percentage of the money borrowed or saved. It influences consumer spending, inflation, and overall economic activity.

Government Purchases

Expenditures by the government on goods and services that are included in the calculation of the country's GDP.

Aggregate Demand

The total demand for all goods and services within an economy at various price levels, in a given period.

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