The stage of the traditional family life cycle most likely to have the greatest change in consumption habits would be:

Question

Quizplus · Accepted Answer

Parenthood involves a significant increase in expenses and responsibilities. As a result, consumption habits of individuals or couples tend to change dramatically during this stage of the traditional family life cycle. They may shift their focus from spending on themselves to spending on their children, such as buying clothes, toys, food, and education. In addition, parents may also start saving for their children's future, which may cause changes in their investment or saving habits.

The Stage of the Traditional Family Life Cycle Most Likely