Cultural Economy
The term "Cultural Economy" refers to the economic activities that are driven by cultural goods and services. This includes industries such as art, music, film, and fashion, which contribute to economic growth while also reflecting and shaping cultural identities. These sectors often rely on creativity and innovation, making them distinct from traditional economic activities.
Cultural economy also emphasizes the importance of cultural heritage and local traditions in promoting tourism and community development. By leveraging unique cultural assets, regions can attract visitors and stimulate local businesses, creating a sustainable economic model that values both culture and commerce.