Household

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

Other articles related to "household, households":

Household - Historical Statistics On Housing
... According to statistics from Eurostat, the percentage of households in various European countries with access to an indoor WC, bath/ shower, and hot running water on the premises in 1988 were as follows Country ...
S. C. Johnson & Son - Brand Names
... Johnson Son are the following Household cleaning and scent products Bayfresh Beanpod Soy Candles Caldrea Drāno Fantastik Favor Glade Grab-it Mr ...
Derek Keppel
... OWL (7 April 1863–26 April 1944) was a member of the British Royal Household ... of York 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 ...
Wiliberg - Demographics
... 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 ...
HSBC Finance - History - Origins
... 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 ...

Famous quotes containing the word household:

    When it comes to housework the one thing no book of household management can ever tell you is how to begin. Or maybe I mean why.
    Katharine Whitehorn (b. 1926)

    Now, as always, the most automated appliance in a household is the mother.
    Beverly Jones (b. 1927)

    The household is a school of power. There, within the door, learn the tragi-comedy of human life.
    Ralph Waldo Emerson (1803–1882)