Final answer:
The statement that the United States is a monochronic culture, where time is organized sequentially and schedules & deadlines are valued, is true. This is reflected in the common metaphor 'time is money,' showing the importance of time management and punctuality in the culture.
Step-by-step explanation:
A monochronic culture like the United States is indeed one in which time is organized sequentially and schedules and deadlines are valued. This statement is true. The concept of time being akin to money, as expressed in the metaphor that 'time is money,' reflects a monochronic view where time is compartmentalized and efficiently managed. In such a culture, punctuality and stringent planning are prized, and these are seen as being crucial for productivity and success. For example, in the United States, business schedules are carefully planned, and missing deadlines can result in significant consequences.
In contrast to monochronic cultures, there are polychronic cultures where time is perceived more fluidly and where several activities can happen at once. In these cultures, relationships and adaptability might be valued over rigid adherence to schedules. However, it's also notable that cultural practices and values are not homogenous across a country; while the general trend in the United States leans toward monochronic time orientation, there are subcultures and individual variations.