Collate
A person's habits, such as how they do things, can influence their family and those around them. When these non-controversial habits are widely adopted, they become common practices.
In professional settings or communities, these practices can evolve into a culture over time. For instance, in India, we greet each other with Vanakkam or Namaste, while soldiers salute—a gesture recognized globally. Both are graceful and widely accepted greetings.
Similarly, when a person's income increases, we refer to this as personal growth. When this kind of growth happens across a region, impacting businesses and the local economy, it is known as development. On a national scale, when the economy expands significantly, we call this a surge in GDP, reflecting overall economic health.
Such economic terms help us understand the different levels of progress, from an individual's success to regional prosperity and national economic strength. The world is diverse and capable of embracing all cultures, habits, and practices, allowing them to coexist and flourish.
By CA L.Muralidharan and CPA L.Mukundan
Visit www.sreeramcoachingpoint.com for more blogs
Contact: 6383228202 or 9884439769
Also use our app Gyanji for more utility and benefits
Best place of coaching for CPA, CMA USA & CA
