Household behavior and family economics

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    My father has been in the military for 30 years. His career has taken him and my family, to every corner of the world. The Air Force is a demanding career path to choose; often the spouse is left with the full weight of the chores to be done on the home front. During the course of my upbringing these duties were, in part, delegated to my sisters and I. While we never experienced “a life of almost tropical idleness’ (CITATION) like the children of Jane Smiley, we became effective and efficient members of our house hold. We learned to respect our house and our family. Though my sisters and I didn’t wake up smiling and ready to work, in the long run chores prepared us for the day we needed to maintain an organized lifestyle and living space of…

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    that your activity level has changed in the last year? This question will tell the nurse if the patient’s activity level has changed due to the passing of his wife without directly mentioning it the patient in order to try to be sensitive to the situation but yet still get a full picture about his activity level. 9) Do you still work for a living? If not, when did you retire? By asking this question, the nurse can see if the patient is active in a workplace, and by asking when they retired, you…

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    Women And Homework

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    For as long as I can remember, in my household, my parents were very traditional. My mother stayed home and looked after the kids, cleaned the house and my father went to work to provide for the family. After the course of observing, I have discovered how things maybe have not changed as much as we think they have. Through my findings, I have seen the stigma of “women staying home and doing housework and men work” in my experience. Although women like to believe we have advanced from difficult…

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    The Asset Theory

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    promoted as good practice to guard against immediate and future financial crisis and risks (Clancy, Grinstein-Weiss, & Schreiner, 2001; Curley, Ssewamala, and Han, 2010). Saving provides economic security and in the long run helps individuals to accumulate wealth and assets (Clancy et al, 2001). However, for low-income households and individuals, saving becomes extremely hard given that they face economic hardships and survive barely on minimum income and lack of resources (Clancy et al (2001).…

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    There is now substantial evidence of the negative effects of gender inequality on economic growth. Gender disparities, whether in education, pay or employment, (seem to) harm the growth of all countries, both developed and developing. So far, the economic case for gender equality and female empowerment has gained stronger attention in the case of developing countries where women enjoy far less rights and opportunities compared to developed ones. Over the last decades in particularly, women in…

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    emotions, satisfaction, engagement, and meaning. It is often tied to identify financial status, however wellbeing is wider concept than economic or material well-being alone (Smith and Clay, 2010). Thus, it is currently recognized as a multidimensional concept by the policy…

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    Non Traditional Family

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    This paper examines the relationship between single parent families, traditional and non-traditional family structures and their effects on child adolescent social and behavioral development and their educational achievement. The studies reviewed how single parent and family structure effects a child’s academic achievement in school, their social development and if the parent’s gender played a role in these findings. Single Parent Families Versus Traditional and Nontraditional Family…

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    The Life-Cycle Hypothesis

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    The Life-Cycle Hypothesis (LCH) explains the saving and dissaving behavior of consumers via the life-cycle stages of a household. The LCH posits that spending and saving will vary as individuals attempt to hold their marginal utility of consumption constant as they transition through the various stages of the life cycle. The three stages of the life-cycle consist of young, middle-aged, and retired members of a household. As households venture through various stages over the life-cycle, each…

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    This week’s readings on family decision-making and financial literacy offered insight into the struggles low-income households face each month to survive, much less invest or save. In particular, the volatile and unpredictable nature of working hours, predicted income, and unforeseen expenditures affect low-income individuals’ ability to draw on resources and grow assets over the course of a lifetime. By necessity, low-income and asset poor individuals are unable to accumulate wealth to build…

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    Studies have been conducted to examine whether traditional gender roles have altered since women’s education levels have changed and brought them into the job market. This has led to delayed marriage and delayed pregnancy, which means less time is being devoted to traditional gender roles of caregiver. Liana Sayer has examined whether these changes have had an effect on childcare, the distribution of household duties, leisure time and men’s…

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