From my MA Dissertation:

Inculturation is centred on culture. This marks the primary difference between inculturation and contextualisation. Most Protestants consider inculturation as a subset of contextualisation. Bosch for example, placed inculturation under contextualisation together with liberation theology; with inculturation the primary concern is the relationship between faith and culture, while liberation theology includes the larger context, namely the socio-political situation.[1] So although there remains close ties between culture and the socio-political context, when inculturation is in question, the focus should always be ‘culture’.