Economic Theories
Most economic theories assume there is only one income stream to a household; this a useful simplification for modeling, but does not necessarily reflect reality. Many households now include multiple income-earning members.
Read more about this topic: Household
Famous quotes containing the words economic and/or theories:
“The bourgeois takes economic power very seriously, and often worships it quite unselfishly.”
—Nicolai A. Berdyaev (1874–1948)
“It takes twenty or so years before a mother can know with any certainty how effective her theories have been—and even then there are surprises. The daily newspapers raise the most frightening questions of all for a mother of sons: Could my once sweet babes ever become violent men? Are my sons really who I think they are?”
—Mary Kay Blakely (20th century)