Final answer:
The rise in cohabitation is influenced by economic factors, financial stability, and cultural shifts towards marriage. Cohabitation often serves as a 'trial run' for marriage and could be a financial decision. Additionally, changes in societal attitudes towards marriage contribute to its increase.
Step-by-step explanation:
In examining reasons for the rise in cohabitation, your text cites several possible factors. Economic factors and financial stability is one such reason, as living together can be a way to save money on living costs. Many couples may also view cohabitation as a 'trial run' for marriage, gauging compatibility before entering into a legal union. Additionally, the societal acceptance of cohabitation has increased, with less stigma attached to living together without being married.
Aside from economic reasons, another factor that the text cites is the societal shift in the perception of marriage. With people prioritizing education and career over 'settling down,' the age at which individuals marry has increased. Cultural shifts towards marriage being considered less compulsory and the rise of individualism may also contribute to the increase in cohabitation.