Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Apply the economic approach to provide a different perspective to the one described in each subquestion. This question is open-ended on purpose and we will

Apply the economic approach to provide a different perspective to the one described in each subquestion. This question is open-ended on purpose and we will focus on your reasoning process. [8 TOTAL POINTS]

"Historically, in a typical household, the roles of men and women followed the same pattern: men were the income earners while women were homemakers. However, over time, the labor participation of women increased. In countries like the US, this increase happened much earlier than in countries like China."

a. Historically, female labor participation was low due to "discrimination" (i.e., a "preference" against women working). However, societies have changed their "preferences" and this led to an increase in female labor participation.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

World Economic And Social Survey 2012 In Search Of New Development Finance

Authors: United Nations Department Of Economic And Social Affairs

1st Edition

9210555112, 9789210555111

More Books

Students also viewed these Economics questions

Question

Describe how to get and give criticism effectively.

Answered: 1 week ago