The large percentage of two-income families in the workforce has provided opportunities for a number of businesses, including childcare, housekeeping services, dry cleaning, and fast-food restaurants. The increase in two-income families in the workforce is an example of a __________ factor affecting many American businesses.

Question

Quizplus · Accepted Answer

The increase in two-income families in the workforce reflects changes in societal norms and family structures, which are socio-cultural factors. These changes affect consumer behavior and create opportunities for businesses that cater to the needs of these families.

The Large Percentage of Two-Income Families in the Workforce Has