Sri Lanka


Sri Lankas post independence economic development transformed a predominantly agricultural economy in 1948 into a diversified one where agriculture accounts for only about 11 percent of national output, services for 59% and industry for 30.4%. when sri lanka gained independence from britain in 1948, the economy grew at an annual 4.5% since.

cultural traits of Sri Lanka

The main religions of Sri Lanka are Buddhism and Hinduism which both have large influences on political, cultural, and social life. the cultural traits consist of...
Generally speaking Buddhists believe people are reincarnated and have several lives. In each they learn lessons and should try to better their conduct in each life until they reach what is known as "Nirvana".
Buddhists make five promises:
Not to harm or kill any living things.
Not to steal or take anything that is not freely given. To control sexual desire.
Not to tell lies.
Not to drink alcoholic beverages or take drugs.
Hinduism has two important beliefs, "samsara" (reincarnation and that actions in this life determine the status of the soul in the next incarnation) and "dharma" (caste or social class).
Hinduism has many deities including Ganesh, Shiva, Vishnu, and Parvatand Kali all of which are aspects of Brahman (the eternal source of everything).
Religion has both a direct and indirect impact on business. Most predominant is the shared acceptance of fatalism, i.e. that a higher force is in control. As a result people will turn to religion when making decisions