Chapter 11student

Chapter 11student - 11-1 , Chapter 11Organizational and...

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Unformatted text preview: 11-1 , Chapter 11Organizational and Household Decision Making11-2 , The Modern FamilyChanges in family structureChanges in concept of household (any occupied housing unit)11-3 , Sandwich GenerationSandwich generation: adults who care for their parents as well as their own childrenBoomerang kids: adult children who return to live with their parentsSpend less on household items and more on entertainment11-4 , Nonhuman Family MembersPets are treated like family membersSpending on pets has doubled in the last decadePet-smart marketing strategies:Name-brand pet productsDesigner water for dogsLavish kennel clubs, pet classes/clothiersPet accessories in cars11-5 , Family Life CycleFactors that determine how couples spend money:Whether they have childrenWhether the woman worksFamily life cycle (FLC) concept combines trends in income and family composition with change in demands placed on income11-6 , Variables Affecting FLCAgeMarital StatusChildren in the HomeAges of Children in the Home11-7...
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Chapter 11student - 11-1 , Chapter 11Organizational and...

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