FHCE 2100 Lecture Notes - Lecture 11: Child Labor Laws In The United States, Child Labour, Parental Leave

• School: University of Georgia
• Department: Financial Planning, Housing and Consumer Economics
• Course: FHCE 2100
• Professor: Dr.Kabaci

Document Summary

Maternity leave (now offer paternity leave for fathers) Saving for college going to cost a good amount of money. Child labor child cannot work outside of home to pay for his upbringing (john was joking) Labor (families had children with the hope that the kids would help on the farm or in the home (agrarian societies)) now human capital move out get jobs and help the family out. Larger in earlier days prominent to have a larger size family. Smaller families: inflation has impact on cost of children -- has to do with costs of having and raising children. 9. 21- economics of fertility: opportunity costs -- mothers who are now choosing to go into the work force rather than staying home. Shift from children as investment to consumption -- z commodities: children are not in the home cooking meals, cleaning, etc but rather consuming the things that we produce.