Question

In Denmark, the personal income tax rate is 55 percent. One of the reasons workers are willing to pay this is because they know they will reap the benefits later in the form of free health care and a universal pension in retirement. According to Geert Hofstede, what cultural dimension does this most illustrate

Answer 1

Based on the fact that the workers know that they will reap benefits in future, the cultural dimension is Long term vs Short term orientation.

What cultural dimension fits Denmark workers best?

The Long term vs Short term orientation is a cultural dimension that talks about how people can give up short term benefits for long term gain.

These workers in Denmark are giving up a large portion of their income in the short term, but are gaining benefits like free healthcare in the long term.

Find out more on cultural dimensions at brainly.com/question/7158663.

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