The household (HH; oikos ancient Greek: οἶκος, plural: οἶκοι) is "the basic residential unit in which economic production, consumption, inheritance, child rearing, and shelter are organized and carried out"; "may or may not be synonymous with family".
The household is the basic unit of analysis in many social, microeconomic and government models. The term refers to all individuals who live in the same dwelling.
In economics, a household is a person or a group of people living in the same residence.
Most economic models do not address whether 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.
Read more about Household: Government, Economic Theories, Social, Household Models, Historical Households, Historical Statistics On Housing
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... VD, OWL (7 April 1863–26 April 1944) was a member of the British Royal Household ... from 1893 to 1910 and was Deputy Master of the Household from 1910 to 1912 ... He was then promoted to Master of the Household in 1912 and served in this post until The King's death in 1936 ...
... Household Finance Corp ... It was restructured in 1981 under a holding company named Household International Inc ... Household International was a provider of consumer loans and credit cards in the United States, Canada and the United Kingdom ...
... As of 2000, there were no homes with 1 or 2 persons in the household, 18 homes with 3 or 4 persons in the household, and 30 homes with 5 or more persons in the household ... As of 2000, there were 50 private households (homes and apartments) in the municipality, and an average of 3 ... persons per household ...
Famous quotes containing the word household:
“Men will not give up their privilege of helplessness without a struggle. The average man has a carefully cultivated ignorance about household matters—from what to do with the crumbs to the grocer’s telephone number—a sort of cheerful inefficiency which protects him better than the reputation for having a violent temper.”
—Crystal Eastman (1881–1928)
“Thus your fathers were made
Fellow citizens of the saints, of the household of GOD, being built upon the foundation
Of apostles and prophets, Christ Jesus Himself the chief cornerstone.
But you, have you built well, that you now sit helpless in a ruined house?”
—T.S. (Thomas Stearns)
“So then you are no longer strangers and aliens, but you are citizens with the saints and also members of the household of God, built upon the foundation of the apostles and prophets, with Christ Jesus himself as the cornerstone. In him the whole structure is joined together and grows into a holy temple in the Lord; in whom you also are built together spiritually into a dwelling place for God.”
—Bible: New Testament, Ephesians 2:19-22.