Final answer:
Adolescents are not part of the casino market primarily because they lack legal authority to gamble. Their development stage often sees a higher tendency for risk-taking linked to evolutionary influences and seeking independence. Additionally, teens show varying levels of political engagement and consumer behaviour heavily influenced by social norms and peer influence.
Step-by-step explanation:
The primary reason adolescents are not considered part of the casino market is because they do not have the authority to gamble.
Laws typically prohibit persons under the age of 18 or 21 from participating in gambling activities. Therefore, regardless of their buying power, desire, or willingness to spend money, they are legally restricted from gambling.
Although adolescents can evaluate risks and rewards similarly to adults, they may still engage in riskier behaviors due to developmental factors.
Studies suggest an evolutionary aspect where a propensity for risk-taking during adolescence can be associated with the motivation for seeking independence from family and establishing one's own family nucleus. This does not necessarily mean that all teens are impulsive risk-takers; in fact, research challenges this by showing varied impulsivity across age groups.
Another aspect to consider is that teens are in a stage of life characterized by identity exploration and formation. Emerging adulthood is a period for exploring different avenues in work and relationships, where risk-taking might play a part in finding their place in society.
Adolescents are known to be less engaged in traditional political activities such as voting, which can be attributed to a feeling of their voices not being heard or a perception that their votes do not significantly impact the political landscape.
Campaigns often target different age groups with varying emphasis, leading to disparities in political engagement among different demographics.
Furthermore, the behavior of teenagers when it comes to spending on things like clothes often follows social norms, which might reflect their desire to fit in with their peers rather than adhere strictly to saving money or following parental guidelines.