In order to explain the relative sizes of families in urban versus rural environments,some economists viewed children as investment or durable consumptions goods,respectively.

Question

Quizplus · Accepted Answer

Economists have indeed argued that families in rural environments view children as durable consumption goods, providing labor and support for the family's agricultural activities, while families in urban environments view children as investments in human capital, with the goal of increasing their future earning potential.

In Order to Explain the Relative Sizes of Families in Urban