Economics of Race and Gender Assignment Example | Topics and Well Written Essays - 500 words - 1

Economics of Race and Gender - Assignment ExampleThe various chapters show the inter-related dependence of the gender based equity amongst the adult members of the family unitIn the third chapter, Blau et al. (2009) claim that the family continues to act as an economic unit where the adults remain the major decision makers and make rational decisions through informed choices for the welfare of the full family rather than for individuals. It is especially true for semi urban and rural areas where the family is intrinsic part of social structure and still acts as the integrated economic unit. The challenges of the unfluctuating changing social equations and societal values have also brought forth the gender biases as major controversial issues. The chapter reasserts that the significant contribution of gender social stratification to economy within and outside the family.The chapter four elaborates that in the inhabitation economics of the changing society, the distribution of time between household and labor market is tight linked to planetary house labor time where the market goods are changed into commodities that are utilized for the maximum good of the family. The authors assert that the time spent on home production is as important as the time spent on paid work that helps to buy goods from the market. They have redefined home production efforts of the women at home and made them as vital part of home economics. They emphasize the gender equity amongst the working population vis--vis wage, work distribution and consequently influencing consumption signifier of the goods produced. Thus the authors have given a new perspective to equitable distribution to the gender based economic contribution within and outside the home.The one-fifth chapter clearly demonstrates the new changing perspectives vis--vis gender based stratification of job and emphasis on gender equality. Blau et al. consider that the discrepancy in the roles of