Fertility Rates in Upper and Lower Class

Baby Monitor Elizabeth Antoine Annie Ferro Jacquie Franco Tara Nevin Eastern Naz arne College BS205 economics And Society ECE-028 kinsfolk 26, 2012 after(prenominal) reading the article Baby Monitor from the Free keep section of The Economist, we have learned that with the different income brackets of todays economy, it is better to have smaller families. Countries with very high birthrate are usually dirt- little. Countries with debase prolificacy tend to be wealthier. Overtime the going aways in fertility rate between rich people and poor should narrow as everyone has less children. In demoralise fertility countries, parents are better commensu aim to invest to a greater extent into separately childs education, which bear upon ons human capital. Also, people are able to save towards retirement, which leaves more silver available for investments. With fewer children, women are also victorious paid jobs which help the workforce grow. A study ma ke by NBER (the National Bureau of Economic Research) estimated that a strike in Nigerias fertility rate even by one child per woman would boost GDP per capitulum by 13% over 20 years. (The Economist, 2012). All of this is true for economic growth. Smaller families have fewer dependants which equals more money per head. In higher fertility, parents have more dependants to tend to.

Countries with very high fertility are usually dirt-poor-peasants value wasted hands, however small, to help in the fields. (The Economist, 2012) Although you would convey the poor to lower their fertility because of the expensive cost of living, they actually lower their fertility rates more slowly than th e wealthy. A Harvard study shows that duri! ng the other(prenominal) 20 years, the average number of children bring down by about 50% more in the richest households than it did in the poorest. (The Economist, 2012). With these dickens fertility factors there is a large difference in how economics is perceived in each family dynamic. What seems to materialize is that dropping fertility widens demographic differences in...If you want to get a skilful essay, order it on our website: OrderEssay.net

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