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The study of family resource management begins to evolve in the early 1900s as a distinct academic discipline, primarily within the field of home economics.
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Ellen Richards Swallow became one of the first women to professionalize the study of home economics and established the American Home Economics Association. -
The field of home economics became institutionalized in U.S. universities and the early 20th-century curriculum.
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The 1950s saw the rise of the idea called a nuclear family, characterized by a father who makes money and a stay-at-home mother. -
Women challenged traditional gender roles previously established.
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Recognized as a filed of study that includes psychology, sociology, and economics.
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Double-income homes became a lot more common as women entered the workforce in large numbers.
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The boom of computers and digital tools and new technology began to impact how families manage resources. -
More emphasis on a good balance of the families well being and making money, societal expectations change.
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Families begin focusing on sustainability and environmental impacts in resource management.