Economic Changes Affecting Modern Family Structure Flashcards
List the economic changes that affect modern family structure.
(3)
High cost of living
The economy
State benefits
Write a note on how the high cost of living affects modern family.
An increase in the cost of living has left Ireland in the top ten most expensive countries in the world to reside, therefore many families must budget carefully to meet needs, e.g. rent, food and childcare
After these needs have been ,et, there is often little money left for families, especially if on a low income
Where does Ireland rank in the list of the most expensive countries to live in the world?
Ireland is in the top ten
How do families combat the extremely expensive cost of living in Ireland?
Families must budget carefully
Why do families in Ireland need to budget carefully?
To ensure needs are met such as rent, food and childcare
How much income is usually left over after people have met their needs?
There is usually little money left
What effects does the high cost of living have on modern family structure?
(3)
The number of dual-income families has increased, as both parents need to work to earn sufficient income to meet needs
Families are having fewer children due to the high cost of children
Stress and worry surrounding finances within the family are increased - which may lead to marital breakdown
Why has the number of dual-income families increased?
As both parents need to work to earn sufficient income to meet needs
Why are families having fewer children?
Due to the high cost of children
What has the stress and worry surrounding finances within the family caused?
It has lead to marital breakdown
Write a note on how the economy effects family structure.
4
When the Irish economy was in recession, unemployment rates increased to a high of 15% in 2012 which put huge financial strain on families
In recent times the Irish economy had begun to recover and unemployment rates had begun to steadily drop
This had allowed many unemployed people to re-enter the workplace and move away from social welfare payments
Coronavirus has caused Ireland to begin falling back into recession again
What percentage of people were unemployed during the recession?
15%
What affect does unemployment have on the family?
This puts a huge financial strain on families
During what year was unemployment rates at 15%?
2012
During recent years, unemployment rates have decreased, what effect has this had?
This had allowed many unemployed people to re-enter the workplace and move away from social welfare payments