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Demography
Births
Children are now an economic liability
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Created by
Lulu Knowles
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Cards (3)
Children used to be
economic assets
to their parents however due to changing
laws
they have become
economic liabilities
Reasons for children becoming economic liabilities:
laws
(compulsory education etc)
changing
norms
(rising child centredness)
cost of raising children have
increased
in
real
terms
The cost of bringing up a child has risen by
20%
since the
1980's
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