Question

Carefully study the charts showing how much it cost to raise a child in 1960 and in 2009. What conclusions can you draw from this data?

Answer 1

Child care and education has increased modt

Answer 2

Answer:

From 1960 onwards, the average cost of having a child until 18 years was 202,020 dollars (2015 dollars). In 2015 , the total amount spent on children up to 18 years was $233,610. Over the years, child care and education have increased from 2 % of the total cost to 16 % of the total cost. In addition , food costs decreased from 24 percent to 18 percent, and housing costs also decreased. Health care increased from 4% to 9%. In total, you spend more money on child care in 2015.

Explanation:

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