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Unmarried Couples And Changing Consumer Behavior

Submitted by arindammitra on January 3, 2008

Category: Miscellaneous
Words: 1673 | Pages: 7
Views: 150
Popularity Rank: 70,042
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Un-married couples; is it a mega trend?
The American Society: Families and Households:
• Married couples: Who are legally married and living together as a family
• Unmarried couples or Domestic partners
▫ This phrase is used to describe two people (either of the opposite sex or of the same sex) who cohabit, have a sexual relationship and experience economic and social integration--that is, two people who have created their own family.
• Single parent families
▫ Single mothers
▫ Single fathers
Types of Unmarried Couples:
• Couples in Live – in relations (includes heterosexual )
• Gay Couples
• Lesbian Couples
Unmarried Couples in Indian Context:
• Cohabitating of opposite sex is still not acceptable
• Marriage of same sex not a valid Proposition
• Various other legal and financial issues concerning joint home ownership and estate planning.
• Landlords are reluctant to rent out to such couples.
• Stark differences with the Socio- cultural values of the country.
Household Influences on Consumption Decisions:

As per the given case-let:
• There are 8.5 million unmarried, opposite-sex households in the US. This number is forecast to grow rapidly.
• For some, cohabitation is a temporary arrangement before marriage; for others, it represents a long-term relationship.
• Forty five percent are 35 or older and less than 20% are under 25. A third have one or more children under the age of 15 living with them.
However, according to the latest census, the difference between 1970 and 2000 is startling.
o In 1970, married couples comprised 71 percent of all households.
o By the 2000 census that number had shrunk to 53 percent
o Only 24% of the 105 million U.S. households consist of married couples with kids
Reasons for Increasing Number of Unmarried Couples:
...

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