In 1990, the Great "Crossover" Occurred

question 3

Multiple Choice

In 1990, the great "crossover" occurred. What does it refer to?

• A) The point in history where more children elected to live with divorced fathers than mothers.
• B) The point in time where divorce rates outdistanced marriage rates.
• C) The point in time where the median age at which women have their first child dropped lower than the median age at which they first marry.
• D) The point in time when women's age of first marriage exceeded men's age of first marriage.

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Definitions:

Private Saving

The portion of individual or household income that is not consumed and is set aside for future use, typically in the form of savings accounts, investments, and retirement accounts.

National Saving

National saving is the sum of private and public saving, representing the total amount of a nation's income that is not consumed or spent by the government.

Financial Crises

Periods of significant disruptions in financial markets that are characterized by sharp declines in asset prices and the failure of financial institutions, leading to economic downturns.

Achaemenids

Refers to the first Persian Empire, ruled by the Achaemenid dynasty from approximately 550-330 BCE, known for its impressive administration system, monumental architecture, and multicultural approach to governance.