To what factors do demographers attribute the decline in birthrates? How has the economic view of children changed?
What will be an ideal response?
Demographers have been surprised by the rapid decline in the fertility rate below the replacement rate in many nations and attribute the change to changing attitudes towards religion, greater labor market opportunities for women outside the household, and the increasing cost of raising children. It appears that the economic view of children has changed from one of them being an economic asset for families, as was the case in countries with an agricultural economy, to one of them being an economic liability that is costly to raise to adulthood, as is the case for nations that have modernized.
You might also like to view...
When the government deliberately alters its level of spending and/or taxes in order to achieve specific national economic goals, it is exercising
A) a laissez-faire policy. B) discretionary fiscal policy. C) monetary policy. D) a Ricardian policy.
What are the reasons some people choose to be part-time workers?
What will be an ideal response?
The Fed's first forward guidance in 2009 was framed in terms of keeping interest rates low
A) for an extended period. B) at least until a particular date in the future. C) based on outcomes for the unemployment rate and inflation rate. D) until the next Presidential election.
Which of the following ideas exemplifies the Industrial Revolution? a. Machines increase productivity
b. Artisans produce the highest-quality products. c. Communication is critical to business success. d. Outsourcing in production reduces the overhead expenses of a business.