The household life cycle ________.
A) describes how a family moves from bachelorhood to children to solitary retirement
B) includes data on time utilization
C) includes life stages only for family households
D) includes life stages for family and nonfamily households

Question

Quizplus · Accepted Answer

The household life cycle includes life stages for both family and nonfamily households. It describes the different stages that households go through as they age and change, such as becoming a two-income household, having children, and eventually downsizing or retiring. It does not include data on time utilization.

The Household Life Cycle ________