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If total spending rises from one year to the next,then
Aging Parent
An older adult in the later stages of life who may require additional care, support, or attention from their children or other family members, often due to health or mobility issues.
Family Life Cycle
A series of stages through which a family progresses over time, affecting purchasing habits and economic decisions.
Modern Sex-Role Attitudes
Contemporary beliefs and expectations about gender roles, often emphasizing equality and the fluidity of roles between genders.
Young Professionals
Early career individuals, typically in their 20s and 30s, who are in the process of establishing their professional pathways.
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