Marriage / Marriage: An Economic Perspective February 15th, 2006
by Elif Ozdemir
Is there a correlation between marriage and business trade?
When all's been said and done after February 14, what is most in the minds of people smitten by love is "What could be the next best thing?" For any man, after months and months of extravagant spending and nagging from his significant other, the ultimate end of dating has to be realized, if not immediately in the near future. It's high time to talk marriage, since entering a relationship is like doing business. Every one has to make risks. Every one has to make an investment. It should be considered that economists run after investments that are tangible. Economists can never measure emotional investment.
So why do people marry? It's been a phenomenon in western societies for couples to live in together without the benefit of saying "I do." What's the underlying economic reason behind marriage?
A research by professors from Ohio State University queried some 9,000 people from the baby boom generation (those who are fifty years of age up) about the economic aspects and advantages of marrying. The study found out that marriage gives an overall positive effect on an individual's social and income status compared to someone who's living a single life. For example, a married individual experiences an increase in personal wealth. This data can also be interpreted in another way. Why? Because when one marries, one's income and property also becomes the income and property of his or her partner. That is one advantage of facing the altar. Marriage law binds a man and woman as husband and wife like no other. Think. What could be the details that Hollywood stars scuttle over during the dissolution of their marriage?
When they do get hitched, couples have more to look forward to economically speaking. The rate for residential property rises every year as more and more people move from the rural areas to urban centers. It is expected that the cost for basic necessities like food and clothing will also increase. And when the marriage produces an offspring or more, the expenditures will climb threefold. Serious cases of dalliances with other people were not included in the study.
The other thing that the research tells is that the economic benefits of marriage are higher for a person marrying a "winner," meaning the partner is not necessarily rich but very able. That is a contrast for someone who marries someone who didn't finish high school or has some form of disability. |
• Free Articles Dashboard
• Free Articles Directory
• Free Online Article Submission
Powered by Article Dashboard women in psychology | Powered by Article Dashboard ancient | Powered by Article Dashboard anticipation | Powered by Article Dashboard free mathematics | Powered by Article Dashboard solar astronomy | Powered by Article Dashboard future cars | Powered by Article Dashboard explain meteorology | Powered by Article Dashboard about drawing | Powered by Article Dashboard children photography | Powered by Article Dashboard male art photography | Powered by Article Dashboard writing a speech | Powered by Article Dashboard duck lawn ornament | Powered by Article Dashboard poker room | Powered by Article Dashboard australia body art | Powered by Article Dashboard romantic gothic art | Powered by Article Dashboard art deco flower | Powered by Article Dashboard art welding supplies | Powered by Article Dashboard fabric | Powered by Article Dashboard oil field | Powered by Article Dashboard art paintings | Powered by Article Dashboard classic car hire | Powered by Article Dashboard exterior wood siding | Powered by Article Dashboard free anime sex clips | Powered by Article Dashboard old car radio | Powered by Article Dashboard swing set | Powered by Article Dashboard world music radio | Powered by Article Dashboard magic card prices | Powered by Article Dashboard download movies | Powered by Article Dashboard u s film festivals | Powered by Article Dashboard all anime Automotive news
• Free Online Articles - Free Articles Directory
|
Articles & Tips
Collection top articles
Free Online Article Directory
Article Library
|