|
|
Article: Economic Well-Being
- Article from:
- Encyclopedia of Aging
- Author:
CopyrightCOPYRIGHT 2002 The Gale Group Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
ECONOMIC WELL-BEING
This entry provides information on the economic circumstances of older Americans by looking at differences in both the economic well-being among older adults and differences in economic well-being between older adults and others. Traditionally, policymakers have been interested in the economic well-being of groups that are particularly vulnerable
—
those individuals in society that theoretically cannot improve their own economic well-being. In addition to children and the disabled, elderly adults usually fall into this category, mainly because it is assumed that they have little access to labor markets. Older adults are defined as those past the traditional ...