Final answer:
The main reason for nursing home institutionalization being solely due to lack of economic resources is false. The decision is multifaceted, influenced by shifts from agrarian to industrial economies, employment, caregiving challenges, and societal norms. Cultural differences and caregiver stress are also significant factors.
Step-by-step explanation:
The assertion that the main reason for the institutionalization of nursing home residents is solely because of their lack of economic resources is false. While financial constraints can undoubtedly influence the decision to place an elderly person in a care facility, there are various other factors at play. The shift from agrarian to industrial societies has increased the number of people moving to urban areas for employment, leaving elderly family members without the traditional family support system.
Additionally, contemporary caretakers often face the challenges of balancing employment with caregiving duties. Furthermore, societal norms in individualistic societies do not underscore the obligation to care for the aging population, leading to social exclusion of the elderly.
Demographic groups such as Latinos, African Americans, and Asians are indicated to have lower rates of out-of-home care for their elderly, which suggests that the decision to institutionalize is complicated and influenced by cultural factors as well.