The Family Life Cycle Concept Refers to

The family life cycle concept refers to

A) the ways a family changes with various levels of income, racial or ethnic makeup, or religion, each variable having identifiable purchasing behaviors.
B) the distinct phases an individual progresses through from the birth, education, marriage, having children to retirement, each phase with identifiable purchasing behaviors.
C) the phases a blended family progresses through from marriage to separation, divorce, and remarriage, each phase with identifiable purchasing behaviors.
D) the distinct phases a family progresses through from formation to retirement, each phase with identifiable purchasing behaviors.
E) the intergenerational purchasing habits and product preferences that are passed down from one generation to the next.