Explain how diverse political, social, economic and cultural factors impact on work and the lives of...

Explain how diverse political, social, economic and cultural factors impact on work and the lives of people in society. (350–400 words)

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Expert Solution

Diverse political , social , economic and cultural factors affect work and society in numerous ways. First, they shape interpersonal relationships in terms of how people relate with each other .. Additionally , diversity has a hunge impact on the level of collaboration both in the workplace and in the society.

Political factors relate to how the government intervenes in the economy . Specifically, political factors have areas including tax policy , labour law, environmental law , trade restrictions , tariffs , and political stability ...Economic factors include economic growth, exchange rates, inflation rate, and interest rates.

A diverse workforce is integral to a strong Economic ... A diverse workforce combines wokers from different backgrounds and experiences the together breed a more creative, innovative , and productive workforce . And businessess have learned that they can draw upon our nations diversity to strengthen their bottom line.

Nightingale answered 1 year ago

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