Summary Essay Example | Topics and Well Written Essays - 750 words - 13

Summary - Essay Example Therefore a careful attempt is made by the authors to bring out all the effects that the rapid change of the family structure is making on the economy. It also states the difference between the structure of the married and the individual working class. It lays an emphasis on the role of the different genders in a family and their relationships. With the rapid change of the economy and the society there has been transformation in the role of the family members. Therefore the authors have tried to emphasize on the current change of roles in between man and woman and their implications. According to the authors, the relationship between the members of the family directly affects the market and its outcomes. The authors seem to bring clear evidence that the family as a unit is continuously aiming for maximizing their income. Taking this into consideration it can be assumed that the monetary issues are one of the prime considerations of the family members and all other goals and aims revo lve round the primary aim. Chapter four of the book, ‘‘Economics of Women, Men, and Work’ basically deals with the time allotment between the household and the labor market. The major emphasis is made on the female gender in this area. The authors have made it clear in their book that they advocate more and more female participations in the labor market. Primarily, the women are involved in the household work therefore that they do not often get time for any other job. But as the aim of the family unit, according to the authors, is maximization of income, thus the women should allocate time both for the household chores and even their career. Right allocation of time between both would not only help the women but also the family in both short and long runs. In the short run, it will help the family in maximizing their income and also in the long run these earnings will provide the women and their children a better economic viability in