Changes in the EconomyHunting and gathering > Agricultural revolution > Industrial revolution > Information AgeCarrying Capacity- The number of people that can be supported by the area through physical resources and the way people use those resourceso Running out of things to hunt created a need for industryIndustrial Revolution- Led to a population explosion @ 1750- Reached a carrying capacity within agriculture- Quality of life improves leading to greater life expectancyWhy the rapid population growth?- Higher fertility rates- Longevity- Better standards of living - Less disease/improves healthcare- Lower death rates- Quality of life changes- economic changesChanges led to the family’s transition- 1600s- Families were self-sufficient and performed many function- By mid-1700s - Social institutions in New England had taken over many of the family’s functionsEnter the industrial revolution- Factories- Schools- Banks- Insurance companies- Doctors- Government - Care homes for sick, elderly, and mentally ill- Vocational schoolsThe Industrial Revolution- Impact on family- Economic changes- Labor changes- Industry changes- Quality of life changes- Technology changes- Migration- Family changes- ConflictThe Labor Force- Included children (cheaper method)- Working outside the home- Income brought in- Technology replaces human laboro Children work and go to schoolo Women spend less time on housework- Work becomes easier/less strenuous1900 America- Families had average of 3-4 children- 1 in 7 homes had a bathtub- 1 in 13 had a telephone- A dozen eggs was $.14- 35% of the American population was in the Midwest- Average worker made $970 per week- 74% of America was run on coal for power- 76 million Americans Today- Average 2 children family- 23% of the U.S population in the Midwest- Average American worker makes $739 per weekMarriage in 1900- Men married at average 26- Women at 22 years of age- 55,750 divorces grantedMarriage Today- 28 years old for first marriage for men- 27 years old for first marriage for women- Approximately 1 in 2 marriages end in divorceLife expectancy in 1900- Life expectancy was low- 48.7 for white women *- 33.5 for non-white women- 46.6 years for white men *- 32.5 for non-white menLife Expectancy Today- 81 years for white women- 76 years for white men- 77 for African American women- 70 for African American menWhich demographic currently contracts STDs at the fastest growing rate in the United States? Elderly!Economic Factors- Poverty- Today’s poverty rate: 16% *- Poverty threshold; a family of four earning $23,550 or less *Poverty in the U.S - 50 million Americans in poverty- 47 million of them on welfare- 1 in 5 children in poverty- 16% of U.S. population in poverty- 1.7 million living on less than $2/dayNational Unemployment Rate- 5.5% Feb 2015Medicare- health insurance for elderly over 65 provided by governmentMedicaid- health insurance by government for people in povertyTop Groups without Health Insurance *- #1 without Hispanics- #2 the poor- #3 Ages 18-29DebtThe average American family is $225,238 in debt- Mortgage - Auto loans- Student loans- Credit cards- 59% of Americans have less than $500 in savingsAverage Debts- Average mortgage debt: $155,192- Student loans: $32,986- Average Auto Loan: $32,264Credit Card Debt- Average Credit Card Debt: $15,611- Total: $865.5 BillionAverage American has 7 Credit Cards
View Full Document