Economic Motivations for Fertility - Lecture 19

Explore the economic factors influencing fertility rates in this 1-hour 14-minute lecture from Yale University's "Global Problems of Population Growth" course. Examine the paradoxical relationship between poverty and higher birth rates, and analyze children as production, consumption, and investment goods. Delve into the impact of modernization on family planning, including the increased focus on education and health in the modern job market. Investigate how parents allocate resources among fewer children to maximize their investment and future prospects. Learn about the opportunity costs of childbearing for modern mothers and how these factors contribute to changing fertility patterns in different socioeconomic contexts.