Business Studies, asked by sakthismart5289, 7 months ago

11.
is also shaped the stage of the family life cyle
Purchase
Occupation
Consumption
Circumstances​

Answers

Answered by hackingpoint14920251
2

Answer:

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Explanation:

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Answered by tiwariakdi
0

The answer is "Consumption".

Each stage of the family life cycle has different needs, wants, and priorities, which affect their consumption patterns.

Consumption patterns and behaviors are influenced by the stage of the family life cycle, which refers to the various stages that a typical family goes through as it evolves over time.

These stages include newlyweds, early child-rearing years, later child-rearing years, empty nesters, and retirees.

Each stage of the family life cycle has different needs, wants, and priorities, which affect their consumption patterns.

For example, newlyweds are more likely to be focused on purchasing household items and starting a family, while empty nesters may be more focused on travel and leisure activities.

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