A Level Sociology OCR Practice Exam

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Prepare for the A Level Sociology OCR Exam. Use flashcards and multiple-choice questions with helpful hints and explanations. Ace your exam and enhance your understanding!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What is the estimated cost of raising a child in the 21st century?

£50,000-£100,000
£100,000-£150,000
£150,000-£185,000
£200,000-£250,000

The correct answer is: £150,000-£185,000

The estimated cost of raising a child in the 21st century, which is commonly cited as being between £150,000 and £185,000, reflects the various expenses associated with child-rearing, including housing, education, healthcare, food, and other necessities. This range takes into account the economic realities families face today, including inflation and the rising costs of living. Additionally, factors such as the standard of living, region, and additional expenses like childcare services, extracurricular activities, and savings for future education contribute to the overall financial burden of raising a child. By selecting this answer, one acknowledges a contemporary understanding that encompasses the diverse and escalating costs families encounter throughout a child's development up to adulthood.