The Female Economy (2024)

FAQs

What is the feminine economy? ›

A feminist economy is a response to the current economic, environmental and social crises from a gender justice perspective. It is a political strategy to transform society and the relationship between people, and people and nature.

Women now drive the world economy. Globally, they control about $20 trillion in annual consumer spending, and that figure could climb as high as $28 trillion in the next five years. Their $13 trillion in total yearly earnings could reach $18 trillion in the same period.

Feminist economics is the critical study of economics and economies, with a focus on gender-aware and inclusive economic inquiry and policy analysis. Feminist economic researchers include academics, activists, policy theorists, and practitioners.

Femeconomy certified over 2000 companies who had at least 30% women on the Board of Directors, or were 50% female owned. Femeconomy encouraged female consumers, budget owners and business owners to purchase from these companies, using economic levers to help advance gender equality.

Women drive the bulk of purchases and account for up to 80% of consumer spending. 78.2% of women are the primary grocery shoppers for their families. Women tend to spend more on personal care products, healthcare, housing, and transportation, while men spend more on new vehicles, tobacco, and alcohol.

It focuses on exploring the relationship between gender and economics, and aims to uncover the influence of gender bias on economic concepts and practices.

Women don't like math: Economics is relatively math-heavy and for many years that's been the excuse for the lack of female representation. But, while that might have been defensible twenty years ago, the relative success of the STEM fields suggest that this is no longer true.

Women drive 70-80% of all consumer purchasing, through a combination of their buying power and influence. Influence means that even when a woman isn't paying for something herself, she is often the influence or veto vote behind someone else's purchase. Women have a multiplier effect. They are multiple markets in one.

What is the feminist view on economy? ›

Feminist economics promotes economic equality between women and men. The activities, behaviour and decisions of men and women have a major impact on our economy. But mainstream economics has a tendency to be based on men's lives and recognises only work that is done for money.

Gender economics builds on economic theories and empirical methods to understand. the mechanisms behind gender inequalities.

The Feminisation U describes the tendency of female labour force participation (FLFP) to first decline and then rise in the process of economic development. While the Feminisation U is often presented as a 'stylised fact' of development, empirical support for it is mixed.

The “Sheconomy” signifies women's escalating economic influence. Greater workforce participation by women, educational advancements, and societal changes have contributed to this shift. Financial professionals can adapt with tailored strategies to better serve their evolving female clientele.

Feminist political economy enables us to understand who, what and how in the relationship between social, political and economic structures of power, resources and access to them.

Feminization of poverty refers to a trend of increasing inequality in living standards between men and women due to the widening gender gap in poverty.

Feminine energy is often described as an invisible energetic force that is related to traits, such as compassion and empathy, that have been stereotypically associated with women. The term feminine energy has been used since at least the 1990s.

Traditional feminine ideology, which is a specific form of gender ideology, concerns people's internalization of the dominant cultural beliefs regarding expected roles for girls and women (Pleck, 1995).