Singles of any age are more likely to spend money on expensive cars,entertainment,and recreation,while new parents spend money on baby furniture.These purchases reflect the different stages of the ________.
A)lifestyle spectrum
B)personality spectrum
C)family life cycle
D)social class hierarchy
E)self-concept cycle

Question

Quizplus · Accepted Answer

The family life cycle refers to the different stages that individuals and families go through as they age and experience different life events. These stages include being single, getting married or committing to a long-term partnership, having children, and becoming empty nesters. Each stage is associated with different purchases and consumption patterns, such as buying expensive cars and entertainment as a single person, or purchasing baby furniture as a new parent. Therefore, the best answer is C, family life cycle.

Singles of Any Age Are More Likely to Spend Money