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A cross‐cultural examination of the aetiology of attitudes towards money
Author(s) -
BAILEY WILLIAM C.,
LOWN JEAN M.
Publication year - 1993
Publication title -
journal of consumer studies and home economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.775
H-Index - 71
eISSN - 1470-6431
pISSN - 0309-3891
DOI - 10.1111/j.1470-6431.1993.tb00181.x
Subject(s) - respondent , context (archaeology) , variance (accounting) , etiology , scale (ratio) , social psychology , cross cultural , sample (material) , psychology , demographic economics , economics , political science , law , geography , chemistry , cartography , accounting , archaeology , chromatography , psychiatry
Few cross‐cultural studies have been conducted on the aetiology of attitudes toward money. Such research becomes more important with increased international economic exchange. This study compares attitudes towards money in Great Britain and the U.S.A. The purpose was to replicate Furnham's British study made in 1984 using the Money in the Past and Future Scale (MPFS) with an American sample to provide a cross‐cultural comparison. Analysis of Variance (ANOVA) was used to determine which of the sociodemographic variables were related to respondent attitudes toward money in the past and future. Differences in the MPFS were found between the two countries. The origin or aetiology of these differences in attitudes towards money can be, in part, attributed to cultural differences that begin in the context of the family and are reinforced by society.