When two people decide to get married- its pure economics. From the day it is fixed till the time the family expands and beyond ....it only revolves around money.
Indian marriages, I think, are intentionally designed to suit Indian economic conditions. Indian marriages generate so much employment, from the caterer -to the card printer, to the flower decorator, to the tent vendor, to the DJ wala and so on....Such social service I must say;)
Then not to forget so much income earned by the jeweller and the wedding trousseau planner.
Finally the day of the marriage, florists, gifts shops - brisk business, beauty parlours - reeling in money. And then why to forget soooooooooooooooo much of cash exchanged!!!
Cut to next day, neighbours and some distant relatives(which I am sure are seen for the first and the last time in that wedding only) want to see the bride. Bingo!!! Gifts again! Cash again!
When this pure economics ends, biology takes over.
Scene change:
Kids are born! Biology becomes redundant and again economics takes over. Celebrations in the house. YES you got it right- Gifts again! Cash again!
As the family expands, demand for goods and services increase, leading to an increase in the aggregate demand. This provides necessary impetus to the producers to increase production. The economy grows.
Cheers to the BIG FAT INDIAN WEDDING!!!
Indian marriages, I think, are intentionally designed to suit Indian economic conditions. Indian marriages generate so much employment, from the caterer -to the card printer, to the flower decorator, to the tent vendor, to the DJ wala and so on....Such social service I must say;)
Then not to forget so much income earned by the jeweller and the wedding trousseau planner.
Finally the day of the marriage, florists, gifts shops - brisk business, beauty parlours - reeling in money. And then why to forget soooooooooooooooo much of cash exchanged!!!
Cut to next day, neighbours and some distant relatives(which I am sure are seen for the first and the last time in that wedding only) want to see the bride. Bingo!!! Gifts again! Cash again!
When this pure economics ends, biology takes over.
Scene change:
Kids are born! Biology becomes redundant and again economics takes over. Celebrations in the house. YES you got it right- Gifts again! Cash again!
As the family expands, demand for goods and services increase, leading to an increase in the aggregate demand. This provides necessary impetus to the producers to increase production. The economy grows.
Cheers to the BIG FAT INDIAN WEDDING!!!
Wow..that's a whole new presepective !! And I am afraid has been greatly disguised all along...However usually its not like the two people deciding to get married...that too is often decided by others..that anyway is the least important thing in the economics of the subject concerned ;)
ReplyDeleteIn India marriage is a holy ritual. But now its all commercial. Its a personal experience where I found bride n groom just want to get it over with as a routine. But it is so much more. Its marriage of two souls n heart. I guess in this materialistic world the true meaning of marriage is forgotten..
ReplyDeleteNeha Maam you forgot to mention the personal loans taken by people to get this event through with. So financial sector is also profiting. In a country like ours this industry is never going to see a downfall. All in all getting married in the most extravagant way is the best way to make an economy grow. Wow this thought never crossed my mind.
ReplyDeleteThanx aman... Certainly a valid point
ReplyDeleteTruly an economist my friend.
ReplyDeleteI'd like to suggest the big fat Indian wedding to be considered as the biggest source of employment. Well concieved and ironically articulated.
Agreed... I also think it should actually be considered as one of the primary employment providers in our country....marriages...remarriages...may the cycle never end;)
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