THE ROLE OF PARENTAL INFLUENCES ON THE ECONOMIC SOCIALIZATION OF CHILDREN
Journal Title: Problems of Education in the 21st Century - Year 2014, Vol 58, Issue 3
Abstract
Knowledge and understanding of basic economic concepts is crucial for the future orientation of children in a world of economy and influences taken in this sphere behaviors. Therefore, the aim of formal and informal economic education is to prepare young people to make independent and smart decisions regarding his or her fnancial resources. Nowadays, children earlier and earlier begin activity on the market, thus the economic knowledge role increases. Article presents two studies analyzing the relation between parents behaviors and children economic knowledge, understanding of market mechanisms and their decisions regarding money. Study 1 focused on parents informal education activities in the sphere of economics. The research covered a group of 100 respondents (50 pairs – parent and a child) and used questionnaires (separately for children and parents) on parents activity in the sphere of economic socialization. As a second part of the study children solved the Basic Economic Test (Walstad & Robson, 1990) designed to measure the level of economic knowledge among school-aged children. The study 2 analyzed the relations between parents activity connected with economic socialization and children economic knowledge as well as behaviors related to saving, borrowing, lending and repayment of one’s debt. In this study a group of 52 children took part and flled in a questionnaire on their economic knowledge and behaviors as well as their parents activities concerning economic socialization. Study 1 showed a positive correlation between parents informal education activity in the feld of economics and the economic knowledge level of children. Study 2 showed higher levels of economic knowledge and more frequent attempts to earn money among children who receive pocket money. Results of both studies showed that the level of economic knowledge among children whose parents give them pocket money, explain economic issues and talk with children about planning household budget is signifcantly higher that among children who are not animated by parents. Moreover, parents activity in this feld plays a vital role in shaping children’s frst economic activities.
Authors and Affiliations
Sabina Kołodziej, Katarzyna Lato, Magdalena Szymańska
Keywords
Related Articles
- EP ID EP35321
- DOI -
- Views 300
- Downloads 0
PRE-SERVICE STUDENT TEACHER PROFESSIONAL DEVELOPMENT: RESEARCH AND SERVICE-LEARNING
Pre-service Biology student teachers completed a module/course on Research and Service-Learning as part of their professional development. This module expected of student teachers to take new actions in that they were...
THE PROBLEMS OF SUPERVISOR’S TRAINING IN LATVIA
Nowadays, supervision gradually becomes as an integral, or even obligatory part of the professional operation, especially in areas, in which a human is placed in the middle – in the environment of health, or social care....
VOCATIONAL APTITUDE FOR YOUNG UNEMPLOYED
The aim of this study is presenting the structure and fundamental characteristics of a Mixed Experience Program Training and Employment whose overall objective was to introduce teenagers who live in rural areas by provid...
APPLICATIONS OF INTERACTIVE DIDACTIC EVALUATION IN PRE-ACADEMIC LEARNING SYSTEM
The interactive didactic assessment (self-assessment / inter-assessment) is an extremely actual issue in which many teachers and specialists in education are interested. The interactive didactic assessment is defned as...
EDUCATION REFORM AND TEACHER AGENCY
The rapid change of technology, society, and economy creates pressure for education reform on a national level. In respond to the demand for quality improvement, educational organizations are engaging in educational inno...