Factors Affecting Muslim Household Consumption Patterns
5 Pages Posted: 6 Sep 2019 Last revised: 14 Feb 2020
Date Written: August 30, 2019
Abstract
The pattern of public consumption is determined by the level of income and its social environment. Consumption patterns are also associated with the number of family members, the fewer members of the family, the fewer the needs that must be met. However, in some Muslim households, there is a small income but the pattern of consumption is greater than the income, some also have few family members but has a large consumption pattern. This is in contrast to the existing theory. In the study will relate how the role of education in consumption patterns and their impact on interest in saving.
Keywords: Capital, Saving, Consumption, Education, Muslim Households
JEL Classification: H27
Suggested Citation: Suggested Citation
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