FACTOID # 36: Women are flooding into the workforce in many Muslim countries.
 
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Encyclopedia > Household

The household is the basic unit of analysis in many microeconomic and government models. As the name suggests, the term refers to all individuals who live in the same house. Microeconomics is the study of the economic behaviour of individual consumers, firms, and industries and the distribution of production and income among them. ... See also list of house types. ...


Most economic models do not address whether or not the members of a household are a family in the traditional sense. Government and policy discussions often treat the terms household and family as synonymous, especially in western societies where the nuclear family has become the most common family structure. In reality, there is not always a one-to-one relationship between households and families. Economics (deriving from the Greek words οίκω [okos], house, and νέμω [nemo], rules hence household management) is the social science that studies the allocation of scarce resources to satisfy unlimited wants. ... A family of Ouagadougou, Burkina Faso in 1997 A family is a domestic group of people, or a number of domestic groups affiliated by blood or by a variety of legal ties such as marriage, domestic partnership, adoption, surname and in some cases slavery as was the case in the... Western can refer to: A Western blot is a method in molecular biology to detect a certain protein in a sample by using antibody specific to that protein. ... A nuclear family is a household consisting of two married, heterosexual parents and their legal children (siblings), as distinct from the extended family. ...


For UK statistical purposes, a household is defined as "one person or a group of people who have the accommodation as their only or main residence and (for a group) either share at least one meal a day or share the living accommodation, that is, a living room or sitting room" (see National Statisticsarticle). The US census definition similarly turns on "separate living quarters", i.e. "those in which the occupants live and eat separately from any other persons in the building" (US Census Bureau).


Most economic theories assume there is only one income stream to a household; this a useful simplification for modeling, but does not necessarily reflect realtiy. Some households now include multiple income-earning members. Income, generally defined, is the money that is received as a result of the normal business activities of an individual or a business. ...


In feudal or aristocratic societies, a household may include servants or retainers. (whether or not they are explicitly so named). Their roles may blur the line between a family member and an employee. In such cases, they ultimately derive their income from the household's principal income. Defining feudalism is difficult because there is no generally accepted agreement on what it means. ... The Ancient Greek term aristocracy meant a system of government with rule by the best. This is the first definition given in most dictionaries. ... Servant has a number of meaning: A servant is another word for domestic worker, a person who is hired to provide regular household or other duties, and receives compensation. ...


See also

What if two spouses divorce but keep living togeher in the same house. Are they considered to be members of the same "household"? Domotics is the application of computer and robot technologies to domestic appliances. ... This article or section should include material from domestic service. ... A domestic robot is a robot used for household chores. ... Wikipedia does not yet have an article with this exact name. ... ants carpenter ant pharaoh ant bats bed bug cockroaches german cockroach oriental cockroach carpet beetles fur beetle varied carpet beetle woolly bear flea flies blue bottle green bottle house fly hornet mealworm beetle rodents mice rats silverfish termite wasp woodworms death watch beetle furniture beetle weevil See also List of... This article needs to be cleaned up to conform to a higher standard of quality. ... Composition See also Household final consumption expenditure External links Eurostat - Consumption expenditure of private households Disposable income is also a very useful indicator of the spending patterns of consumers. ... Household final consumption expenditure (HFCE) is a price index which represents consumer spending. ... The Household Cyclopedia was an 1881 guide to housekeeping. ... Published in 1861, Mrs Beetons Book of Household Management was a guide to all aspects of running a household in Victorian Britain. ...


External links

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  Results from FactBites:
 
Household - Wikipedia, the free encyclopedia (273 words)
The household is the basic unit of analysis in many microeconomic and government models.
Most economic models do not address whether or not the members of a household are a family in the traditional sense.
For UK statistical purposes, a household is defined as "one person or a group of people who have the accommodation as their only or main residence and (for a group) either share at least one meal a day or share the living accommodation, that is, a living room or sitting room" (see National Statisticsarticle).
  More results at FactBites »


 

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