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The term "family wage jobs" has occasional contemporary use in American political rhetoric and is most associated with Catholic intellectuals, in the Catholic social teaching tradition, such as Douglas Kmiec and Allan C. Carlson. Charles Krauthammer has said there should be a two-tiered system where breadwinners have a higher minimum wage. [1]
Family economics applies economic concepts such as production, division of labor, distribution, and decision making to the family.It is used to explain outcomes unique to family—such as marriage, the decision to have children, fertility, time devoted to domestic production, and dowry payments using economic analysis.
The family was also important because birth, family ties, and local custom determined economic status in communities. [2] They describe the family as a "productive unit" and state that physical strength was an essential element in survival. [2] The family economic unit has always been dependent on specialized labor done by family
With costs of living on the rise and inflation still casting its devastating spell, Americans are finding it more challenging to get by. Even people making over $100,000 a year can find themselves...
Where you live matters. More than just a place to call home, the city in which you reside can largely dictate your standard of living. GOBankingRates recently conducted a study to determine the ...
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The breadwinner model is a paradigm of family centered on a breadwinner, "the member of a family who earns the money to support the others." [1] Traditionally, the earner works outside the home to provide the family with income and benefits such as health insurance, while the non-earner stays at home and takes care of children and the elderly.
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