Research Paperquestions Essay Example

Foreign Literature

During the Progressive Era (1890s–1920s), concerns about children's spending habits arose as they were purchasing movie tickets, candy, and toys. As a result, the practice of giving children allowances emerged in the early twentieth century. Advocates of allowances believed that by providing children with a regular but fixed amount of money, they would develop respect for money. Child had supported the idea of allowances as a way to promote benevolence and fiscal responsibility. This viewpoint was echoed by child-rearing authorities during the Progressive Era, who emphasized the need for money training in women's magazines and parental advice literature (Child, L.M., 1831).

Receiving an allowance has its advantages and disadvantages. One drawback is that students may develop poor spending habits. They might wrongly believe that the money they receive is exclusively theirs, leading to u