HECOL441 Lecture Notes - Lecture 12: Life Insurance
2 Sep 2016
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Document Summary
Some consumers want to know more about supply chain and motivation for companies to provide this info but price trumps sustainability for other consumers. Three basic areas of necessary household expenditure: food, clothing and shelter. Various socioeconomic factors determine how people and families spend money on these necessities, as well as their cost. Necessities take bigger chunk out of low incomes. Imported items to canada cost more than say domestic vehicle production in. Canadian geography (cold weather more clothing, spread out and travel a lot) On average, households reported total expenditures of 80, 728 in 2014, up slightly (2. 1%) from 2013. The average spending on goods and services of , 057 represented 73. 2% of total expenditure. Income taxes, pension contributions, employment and life insurance premiums, gifts of money, support payments and charitable contributions accounted for the remaining 26. 8% Consumer use of some form of textiles and apparel is universal.
