characteristics of family life cycle
Answers
Answer:
here is ur answer
Explanation:
- Independence
- coupling (marriage)
- parenting (babies through adolscents)
- launching adult children
- retirement ( senior years '
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Answer:
The traditional FLC describes family patterns as consumers marry, have children, leave home, lose a spouse, and retire. The family lifecycle can be depicted graphically by using a curve similar to that of the product lifecycle.
As household leaders enter their 30s and 40s, often their income levels increase (because they begin to reach higher earning positions and two adults are working), but so do their spending levels (especially if they have children).
This decreases their disposable income during these life stages, making it more difficult for them to save money or splurge on luxury items. Marketers use the descriptions of these FLC stages when analyzing marketing and communication strategies for products