in what ways can culture impact economics Check all that apply !A. Holidays like Thanksgiving or Labor Day B. Preferences for housing C. Love a certain type of music D. Parents teach children their work ethic?

Answer 1

A, B, and D.

Holidays have large economic impacts. Besides the obvious things like people being off of work for the day, sales of turkeys rise dramatically around Thanksgiving, and supply chains of all types are regularly stressed at Christmas time.

Preferences for housing will obviously affect economics, because buying and selling houses, and also building them to begin with, are all economic activity. Building and buying houses will be a less significant part of the economy in a society that values renting versus one that values ownership.

What type of music people love won't dramatically affect the economy. It does a little, as people do buy instruments, and the instruments used for popular music will be sold more often than ones that aren't. Electric guitars sell more than theremins, for instance, but Musical Instruments of some variety will generally sell in any place where people listen to music, and the type of music that people listen to is unlikely to affect the rate at which they sell. It may depend on how specific you're being with the word "impact." The impact isn't zero, but it's doubtful that it's significant.

D is somewhat of a sociological assumption, but I believe that it is intended to be included as an answer here. Work ethic is generally good for the economy, but whether or not you get it from your parents teaching it to you is more of a social/psychological question than an economic one.

Answer 2

All of the above

A. holidays like thanksgiving or Labor Day

B. Preferences for housing

C. parents teach children their work ethic

D. love of a certain type of music