Cultural Economy In Australia

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Culture economy is defined as a product, service, and establishment which is symbolic to education and entertainment (Grodach, 2010). In Australia, the culture economy is seen through creative industries which are defined through marketing, architecture and designs, advertising and different entertainment aspects including television, film, radio, music, writing, books, media, performing and multi-media development (OECD, 2014). The good and services which have meaning and value to consumers are high compared to the functional purposes (Scott, 2004). According to Bourdieu in 1971 the sectors which are outputted help give a social and a symbolic meaning to individuals and the economy (Scott, 2004). The collection of different industries focusing on entertainment, learning, and information which helps form individuality, social display and self-affirmation which help produce products, businesses and employment which helps increase the global market and economy (Scott, 2004). The art and culture within a certain community helps reflect the demographics and identity of the society which is consumed and produced through their art and culture which reflects these people through their beliefs and values (Grodach, 2010). …show more content…
As culture and art help create uniqueness, diversity, and aspirations within the community it also benefits the developing connection in different ways in the community which gives a competitive verge which helps define a sense of place, attract new individuals and helps with the integration of business leaders and the vision of the community which adds attraction to the workforce and the well-being of the community which is important to the growth of the community and the future (Grodach,

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