An introduction to economic sociology, anthropology, and criminology; this course examines how markets and forms of exchange are embedded in social institutions, are regulated by morals and suffused with moral tales (concerning debts, gifts, and taxes for instance), and depend on specialized knowledge and technology. Topics covered may include: consumerism, debt, the financialization of everyday life, market formation and regulation, corporations, capital accumulation regimes, the critical consideration of assumptions in economic research and social policy, struggles for tax justice, workers’ organizations, the gendered division of social labour, digital commerce, charity, black markets, and the impacts of economic crises on societies
Explain some of the myths regarding older adults and some of the realities they often face. Put special emphasis on the social-economic and the physical factors that you have found in your readings and research on this topic. Based on your experiences how would you interpret these myths and realities of older adults? Make sure to justify your answers by citing relevant sources.
When it comes to the social and economic status, it does not only look at the income by financial security, lifetime achievement and other subjective myths on what it means to have a social status or belong to a particular social class. For adults, the social and economic status is usually view from the quality of life which is attributed from the privileges and opportunities that they can afford as they continue to age(Dallaire, McCubbin, Carpentier, & Clément, 2008). One of the myths of social and economic status is usually measured from poverty level, however this is not the only common factors as it is also characterized by several psychological and physical stressors associated with elder age.
The basic fact is that as one continues to age, they can hardly work and will have very few opportunities when it comes to accruing more income; this does not mean that the cost of living would change for them, as it will also place them in a more economic disadvantage. But being in an economic disadvantage does not always meant that it will go hand in hand with their social status; this is a myth. There are many places for care of the old age of which they can continue to enjoy a social life even when they are out of employment. Another important issue is family support, which may not always be tied to the fact that they are no longer in employment(Dallaire, McCubbin, Carpentier, & Clément, 2008). Also poverty levels are not universal to the older group, as it also depends on ethnic and racial background. In the United States for example, it is expected that by 2030, there will be 25 percent older persons from ethnic minority groups, which consists of 19.2 percent African Americans and 18.1 percent Hispanics, compared to 8.7 whites living in poverty (APA, 2019).
In summary it is important to explo……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..
myths regarding older adults and some of the realities they often face.