Nitin is a labourer and earning Rs. 10,000 per month. Is this, one of

1.	Nitin is a labourer and earning Rs. 10,000 per month. Is this, one of the important factor that can influence the expenditure of his family? If yes, explain with examples four more factors that can influence the same.
Answer» Yes, income of family is one major factor in deciding the expenditure of a family. Other factors- 1. Family size 2. Family composition 3. Family status 4. Location 5. Family values 6. Type of family

Nitin is a labourer and earning Rs. 10,000 per month. Is this, one of the important factor that can influence the expenditure of his family? If yes, explain with examples four more factors that can influence the same.

Answer»

Yes, income of family is one major factor in deciding the expenditure of a family.

Other factors-

1. Family size

2. Family composition

3. Family status

4. Location

5. Family values

6. Type of family

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Nitin is a labourer and earning Rs. 10,000 per month. Is this, one of the important factor that can influence the expenditure of his family? If yes, explain with examples four more factors that can influence the same.

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