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Cost Of Raising A Child
The cost of raising a child varies from country to country. The cost of raising a child is usually determined according to a formula that accounts for major areas of expenditure, such as food, housing, and clothing. However, any given family's actual expenses may differ from the estimates. For example, the rent on a home does not usually change when the tenants have another child, so the family's housing costs may remain the same. In other cases, the home may be too small, in which case the family might move to a larger home at a higher cost. The formula may also account for inflation, as prices are constantly changing, and it will inadvertently affect how much it costs to raise a child. Developing countries According to Globalissues.org, "Almost half the world—over three billion people—live on less than US$2.50 a day." This statistic includes children. The calculation of the cost to raise a child in developing countries is difficult, since families often do not operate with c ...
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English-speaking World
Speakers of English are also known as Anglophones, and the countries where English is natively spoken by the majority of the population are termed the '' Anglosphere''. Over two billion people speak English , making English the largest language by number of speakers, and the third largest language by number of native speakers. England and the Scottish Lowlands, countries of the United Kingdom, are the birthplace of the English language, and the modern form of the language has been being spread around the world since the 17th century, first by the worldwide influence of England and later the United Kingdom, and then by that of the United States. Through all types of printed and electronic media of these countries, English has become the leading language of international discourse and the lingua franca in many regions and professional contexts such as science, navigation and law. The United Kingdom remains the largest English-speaking country in Europe. The United States ...
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Health
Health, according to the World Health Organization, is "a state of complete physical, mental and social well-being and not merely the absence of disease and infirmity".World Health Organization. (2006)''Constitution of the World Health Organization''– ''Basic Documents'', Forty-fifth edition, Supplement, October 2006. A variety of definitions have been used for different purposes over time. Health can be promoted by encouraging healthful activities, such as regular physical exercise and adequate sleep, and by reducing or avoiding unhealthful activities or situations, such as smoking or excessive stress. Some factors affecting health are due to individual choices, such as whether to engage in a high-risk behavior, while others are due to structural causes, such as whether the society is arranged in a way that makes it easier or harder for people to get necessary healthcare services. Still, other factors are beyond both individual and group choices, such as genetic disorders. ...
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Family Values
Family values, sometimes referred to as familial values, are traditional or cultural values that pertain to the family's structure, function, roles, beliefs, attitudes, and ideals. In the social sciences and U.S. political discourse, the conventional term "traditional family" describes an imagined nuclear family—a child-rearing environment composed of a breadwinning father, a homemaking mother, and their nominally biological children. A family deviating from this model is considered a nontraditional family. However, in most cultures at most times, the extended family model has been most common, not the nuclear family, and the "nuclear family" became the most common form in the U.S. in the 1960s and 1970s. Definition Several online dictionaries define "family values" as the following: * "the moral and ethical principles traditionally upheld and passed on within a family, as fidelity, honesty, truth, and faith." * "values especially of a traditional or conservative kind whi ...
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Family Planning
Family planning is the consideration of the number of children a person wishes to have, including the choice to have no children, and the age at which they wish to have them. Things that may play a role on family planning decisions include marital situation, career or work considerations, financial situations. If sexually active, family planning may involve the use of contraception and other techniques to control the timing of reproduction. Family planning has been of practice since the 16th century by the people of Djenné in West Africa, when physicians advised women to space their births at three-year intervals. Others aspects of family planning aside from contraception include sex education, prevention and management of sexually transmitted infections, pre-conception counseling and management, and infertility management.World Health Organization. (n.d.)Sexual and Reproductive Health Retrieved on 30 October 2019. Family planning, as defined by the United Nations and the W ...
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Family Economics
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, polygamy, time devoted to domestic production, and dowry payments using economic analysis. The family, although recognized as fundamental from Adam Smith onward, received little systematic treatment in economics before the 1960s. Important exceptions are Thomas Robert Malthus' model of population growthThomas Robert Malthus, 1798. ''An Essay on the Principle of Population''. Full text on WikiSource. and Friedrich Engels'Friedrich Engels, 1981, The Origin of the Family, Private Property and State, International Publishers, pp 94-146 pioneering work on the structure of family, the latter being often mentioned in Marxist and feminist economics. Since the 1960s, family economics has developed within mainstream economics, propelled by the ne ...
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Demographic Economics
Demographic economics or population economics is the application of economic analysis to demography, the study of human populations, including size, growth, density, distribution, and vital statistics. Aspects Aspects of the subject include * marriage and fertility * the family * divorce * morbidity and life expectancy/mortality * dependency ratios * migration * population growth * population size * public policy * the demographic transition from " population explosion" to (dynamic) stability or decline. Other subfields include measuring value of life and the economics of the elderly and the handicapped and of gender, race, minorities, and non-labor discrimination. In coverage and subfields, it complements labor economics and implicates a variety of other economics subjects. __NOTOC__ Subareas The '' Journal of Economic Literature'' classification codes are a way of categorizing subjects in economics. There, demographic economics is paired with labour economics ...
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Cost Of Living
Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time can be operationalized in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in cost of living between locations can be measured in terms of purchasing power parity rates. Definition Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time can be operationalized in a cost-of-living index. Cost of living calculations can be used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in cost of living between locations can be measured in terms of purchasing power parity rates. Cost-of-living adjustment (COLA) Employment contracts and pension benefits can be tied to a cost-of-living index, typically to the consumer price index (CPI). A COLA a ...
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Childfree
Voluntary childlessness, also called being childfree, describes the voluntary choice to not have children. In most societies and for most of human history, choosing not to have children was both difficult and undesirable. The availability of reliable contraception along with support provided in old age by one's government rather than one's family has made childlessness an option for some people, though they may be looked down upon in certain communities. According to the Merriam-Webster Dictionary, the word "childfree" first appeared sometime before 1901, and was described as a 'trend' in 2014 in '' Psychology Today'' online magazine. The meaning of the term "childfree" extends to encompass the children of others (in addition to one's own children) and this distinguishes it further from the more usual term "childless", which is traditionally used to express the idea of having no children, whether by choice or by circumstance. The term "child free" has been cited in Australian l ...
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Child Support
Child support (or child maintenance) is an ongoing, periodic payment made by a parent for the financial benefit of a child (or parent, caregiver, guardian) following the end of a marriage or other similar relationship. Child maintenance is paid directly or indirectly by an ''obligor'' to an ''obligee'' for the care and support of children of a relationship that has been terminated, or in some cases never existed. Often the obligor is a non-custodial parent. The obligee is typically a custodial parent, a caregiver, a guardian. Depending on the jurisdiction, a custodial parent may pay child support to a non-custodial parent. Typically one has the same duty to pay child support irrespective of sex, so a mother is required to pay support to a father just as a father must pay a mother. In some jurisdictions where there is joint custody, the child is considered to have two custodial parents and no non-custodial parents, and a custodial parent with a higher income (obligor) may be req ...
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Child Care
Child care, otherwise known as day care, is the care and supervision of a child or multiple children at a time, whose ages range from two weeks of age to 18 years. Although most parents spend a significant amount of time caring for their child(ren), child care typically refers to the care provided by caregivers that are not the child's parents. Child care is a broad topic that covers a wide spectrum of professionals, institutions, contexts, activities, and social and cultural conventions. Early child care is an equally important and often overlooked component of child development, child's developments. Care can be provided to children by a variety of individuals and groups. Care facilitated by similar-aged children covers a variety of developmental and psychological effects in both caregivers and charge. This is due to their mental development being in a particular case of not being able to progress as it should be at their age. This care giving role may also be taken on by the c ...
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Only Child
An only child is a person with no siblings, by birth or adoption. Children who have half-siblings, step-siblings, or have never met their siblings, either living at the same house or at a different house—especially those who were born considerably later—may have a similar family environment to only-children, as may children who have much younger siblings from both of the same parents (generally ten or more years). Overview Throughout history, only-children were relatively uncommon. From around the middle of the 20th century, birth rates and average family sizes fell sharply, for a number of reasons including perceived concerns about human overpopulation and more women having their first child later in life due to birth control and women in the workforce. The proportion of families in the United States with only-children increased during the Great Depression but fell during the Post–World War II baby boom.
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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