The textbook notes that cultural traditions such as Confucian philosophy-with its emphasis on respect for elders, frugality, and hard work-may explain some of the economic advances in East Asia. This assertion is similar to Weber's argument that capitalism in Europe was influenced by:

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Weber argued that Protestantism, particularly Calvinism, provided the values and beliefs necessary for the development of capitalism in Europe, including a strong work ethic and emphasis on frugality and saving. This is similar to the argument that Confucianism has played a role in the economic success of East Asian countries by encouraging similar values and behaviors.

The Textbook Notes That Cultural Traditions Such as Confucian Philosophy-With