Which of the following statements about the family life cycle is true?
A)Young singles represent a target market for recreational travel, automobiles, and consumer electronics.
B)Young singles are more likely to buy life insurance than any other group.
C)The majority of households today are composed of traditional families.
D)The family life cycle concept describes a continuum along which developing families can be arbitrarily placed.

Question

Quizplus · Accepted Answer

The statement that young singles represent a target market for recreational travel, automobiles, and consumer electronics is true. This group tends to have more disposable income and fewer responsibilities, making them a desirable demographic for industries such as travel and technology. The other statements are false; young singles are less likely to buy life insurance than other groups, traditional families are no longer the majority of households, and the family life cycle concept is not arbitrary but rather based on predictable stages of family development.

Which of the Following Statements About the Family Life Cycle