Explain Why,although Both Young Adults and the Elderly Typically Spend

question 143

Essay

Explain why,although both young adults and the elderly typically spend more than they earn,it makes sense that young people would engage in borrowing while the elderly would engage in dissaving.

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Definitions:

Sociocultural

Pertaining to the influence that society and culture have on beliefs, behaviors, and emotions, focusing on how people are affected by and interact with societal norms, values, and practices.

Gender Dysphoria

A psychological condition where there is a significant discrepancy between an individual’s assigned sex at birth and their experienced or expressed gender, often leading to distress.

Transsexualism

The condition of identifying and living as a member of a sex different from that assigned at birth, often involving medical assistance such as hormone therapy or surgery.

Transvestite Fetishism

Refers to a condition where sexual arousal is intensely obtained through cross-dressing.