This is calculated by the fact that for every child not born it boosts consumer spending by X amount of dollars. This is no accident and it is heavily studied when looking at Major Developed Countries (MDCs) versus Least Developed Countries (LDCs).
In other words most people's purchasing power drops if they have three or more kids for example in MDCs. That is why in MDCs consumerism is heavily driven and tied to the hip of convincing people to have smaller and smaller families as time goes on.
I have 4 kids. One teenager and one almost a teenager. There is nothing cheap about feeding them. Our spending is focused on food and necessities rather than luxuries. Necessities tend to be low markup items while luxuries are huge markup items. They want us blowing money on luxuries and not necessities.
This is calculated by the fact that for every child not born it boosts consumer spending by X amount of dollars. This is no accident and it is heavily studied when looking at Major Developed Countries (MDCs) versus Least Developed Countries (LDCs).
In other words most people's purchasing power drops if they have three or more kids for example in MDCs. That is why in MDCs consumerism is heavily driven and tied to the hip of convincing people to have smaller and smaller families as time goes on.
That actually makes sense. It's cheaper buying food in bulk so when you are buying for more people you actually are spending less money.
I have 4 kids. One teenager and one almost a teenager. There is nothing cheap about feeding them. Our spending is focused on food and necessities rather than luxuries. Necessities tend to be low markup items while luxuries are huge markup items. They want us blowing money on luxuries and not necessities.
Correct.
So you pay more money if you are buying for less people due to "convenience". Larger families must buy in bulk to save money.