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A household consists of one or more persons who live in the same dwelling. It may be of a single family or another type of person group. [ 1 ] The household is the basic unit of analysis in many social, microeconomic and government models, and is important to economics and inheritance .
Historically, the most common family type was one in which grandparents, parents, and children lived together as a single unit. For example, the household might include the owners of a farm, one (or more) of their adult children, the adult child's spouse, and the adult child's own children (the owners' grandchildren).
Household economics analyses all the decisions made by a household. These analyses are both at the microeconomic and macroeconomic level. This field analyses the structures of households, the behavior of family members, and their broader influence on society, including: household consumption, division of labour within the household, allocation of time to household production, marriage, divorce ...
For example, Shoshana Grossbard models both men and women as possibly hiring each other's work in household production, which she calls "spousal labor" [31] or "Work-In-Household (WiHo)". [32] To the extent that husbands employ their wives' WiHo and pay them a low "quasi-wage" [ 31 ] women can be considered as being exploited by their husbands ...
Compare median household incomes for families by state, and you'll find some very large discrepancies, so says the U.S. Census Bureau's American Community Survey. The survey sliced its data a...
A co-residential group that makes up a household may share general survival-goals and a residence, but may not fulfill the varied and sometimes ambiguous requirements for the definition of a family. (In Latin , familia – the source of the English-language word "family" [ 4 ] – meant "household" or "slave staff".
At Odds: Women and the Family in America from the Revolution to the Present (1980). Elder Jr, Glen H. "History and the family: The discovery of complexity." Journal of Marriage and the Family (1981): 489-519. online; Gutman, Herbert G. The Black family in slavery and freedom, 1750-1925 (Vintage, 1977). Hareven, Tamara K.
According to Ross and Sawhill, most economic activity in pre-industrial times occurred within the household, with economic activities like production and distribution being arranged through culture and tradition. [2] The family was also important because birth, family ties, and local custom determined economic status in communities. [2]