Keyword Analysis & Research: economic status of a family

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How does socioeconomic status affect family stability?

Evidence indicates that socioeconomic status affects family stability, including parenting practices and developmental outcomes for children (Trickett, Aber, Carlson, & Cicchetti, 1991).

What is the meaning of family economics?

Family economics. Family economics applies basic economic concepts such as production, division of labor, distribution, and decision making to the study of the family. Using economic analysis it tries to explain outcomes unique to family—such as marriage, the decision to have children, fertility, polygamy, time devoted to domestic production,...

What is the socioeconomic status?

Keywords: Kuppuswamy, socioeconomic, Udai Pareekh, 2019 Introduction The socioeconomic status (SES) is one of the important factors affecting the health condition of an individual or a family.

What would happen to the economy if there were no families?

If we had no families, our population would decline, meaning that the demand for products would steadily decrease. Without consumers, the economy is useless; therefore, families are extremely important for the economy. When the father or mother of a family works, they provide the family with the monetary needs.

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