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Cultural Aspects Of Portugal

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Cultural Aspects

Over the centuries, Portugal had many different cultures dating back to prehistoric and pre-roman civilizations, until becoming its own independent kingdom in 1139 A.D. Portugal’s culture consists of an admiration for art, music, dance, and drama. Some main cities portraying the culture strongly are: Porto, Braga, and Coimbra. Portugal has a high frequency of tourism throughout the year. Such a culture leads to tourism. Tourists are mainly attracted to the popular beaches across the coasts, but are also drawn to the historic castles dispersed throughout the country. Portugal not only has historic castles, but also ruins of ancient villas and forts dating back to the times of Celtic and Roman occupation. The new age architecture …show more content…
Being a few minutes late is not entirely frowned upon. For example, a host of a business meeting should arrive on time, however, those attending the meeting may arrive about five-minutes late, as it is a form of respect. This contradicts to the American style of business; Americans should be five to fifteen minutes, to be respectful.. When it comes to bribery versus gifts, Portuguese have a particular practice of gift giving at the start of business meetings. Such a gift is looked at as a gesture of kindness, not a bribe. When doing international business in Portugal, it would be important to be aware of such customs in order to be respected and to avoid offending those in the …show more content…
Since January 2002, the country has been a part of the Economic & Monetary Union, which allowed them to begin circulating the euro. Prior to the euro, the Portuguese “escudo” was their currency. The overall GDP of the country is 288.6 billion dollars, and the GDP per capita is 27,800 dollars (CIA World Factbook). Portugal’s labor force consists of three main categories: agriculture, industry, and services. As of 2014, agriculture makes up 8.6%, industry makes up 23.9% and services make up 67.5% (CIA World Factbook). The agriculture aspect includes grain, potatoes, olives, grapes, sheep, cattle, goats, poultry, beef and dairy products. In 2011, Portugal’s economy began to decline. The cause of this downfall relates to rising bond yields, austerity, and uncompetitiveness. A financial rescue package was put in place in May 2011. With this package, the government cut spending and increased taxes. Recovery began in 2013 due to a higher performance in exports. This downfall was a definite aspect to a higher percentage of unemployment, due to government spending cuts. In 2014, the unemployment rate was at 13.9% (CIA World Factbook). With the economy slowly growing, unemployment went down 1.3% in 2015 to 12.6% (CIA World Factbook). The following bar chart (Chart 1) shows Portugal’s GDP levels (Trading Economics). It is easy to see where the economic decline occurred, but

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