Difference power distance between Venezuela and The United States
Difference power distance between Venezuela and The United States
Homework Answers
Power distance refers to the notion in the minds of the less powerful groups in an economy as to how much they believe power is distributed unequally and how much power they hold as a group in an economy.
In case of USA, (rank 40 as of 2018) it has a very low power distance, as people in the economy feel some sort of power in their hands and their approach ability to the government.
In case of Venezuela, it has been reported to have a very high power distance (rank 81 as of 2018), which implies an unequal distribution of power in the economy.
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