[Related to the Apply the Concept on page 78] From 1979
to 2015, China had a policy that allowed couples to have
only one child. (Since 2016, couples have been allowed to
have two children.) The one-child policy caused a change
in the demographics of China. Between 1980 and 2015,
the share of the population aged 14 and under decreased
from 36 percent to 17 percent. And, as parents attempted
to ensure that the lone child was a son, the number of male
children relative to female children increased. Choose
three goods and explain how the demand for them has
been affected by China’s one-child policy.
Sources: World Bank, World Development Indicators, April 2016; and
“China New 'Two Child’ Policy Increases Births by 7.9 Percent, Government Says,” cbsnews.com, January 23, 2017.