Question

are there any external cultural or political economic factors (e.g. globalization, economic/social dependence, adaption) that create vulnerability? explain.

Answer 1

Yes there are lot of interconnected factor that causes vulnerability in the country. We can seen from recent evidence that recession in one country affect other countries which through the trade or or investment. The political and cultural factor create instability in the system due to any mismatch of expected outcome from lpolitical policy making and and its economic impact. Society are based on the ethical and social norms but when there are external threat the system seems to be vulnerable. The increasing globalisation causes vulnerability chances due to highest transmission rate of any kind of uncertainty from one part of the globe. Today we are vulnerable towards climate change an interconnected issue of the world if a single country polluting very high it causes severe problem in other country as well. Standard of living is transmitted from one country to other also create burden on the economic activities. Quickly too large changes in environmental system happens due to huge resource demand. Therefore changing culture and social dependence causes vulnerability through economic channel.