The household is the basic unit of analysis in many microeconomic and government models. The term refers to all individuals who live in the same dwelling.
M ost 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.
Government definitions
For statistical purposes in the United Kingdom, 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" N ational Statistics.
The United States 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" [1]. A householder in the U.S. census is the "person (or one of the people) in whose name the housing unit is owned or rented (maintained);" if no person qualifies, any adult resident of a housing unit is a householder. The U.S. government formerly used the term head of the household and head of the family to describe householders; beginning in 1980, these terms were officially dropped from the census and replaced with householder. [1]
Economic theories
| income stream to a household; this a useful simplification for modeling, but does not necessarily reflect reality. Some households now include multiple income-earning members.
Historical households
| 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.
See also
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- Crate and Barrel - offers tableware, kitchenware, accessories, and furniture for the home.
- Bed Bath & Beyond - (Nasdaq:BBBY)
- national chain of home furnishing superstores, selling bedding, items for the kitchen and bath, and more.
- Pottery Barn - offers home furnishing and decorative accessories including pottery, furniture, tableware, lighting, and rugs. Includes store locator and gift registry information.
- Restoration Hardware - (Nasdaq:RSTO)
- specialty retailer of home furnishings, functional and decorative hardware, and related merchandise reflecting a classic, American point of view.
- Lillian Vernon - national catalog and online retailer that markets gifts, housewares, gardening, seasonal, and children's products.
- Anthropologie - offers clothing and decorative home items inspired by other cultures, travel, flea market finds, and antiques.
- Kenzo - featuring fashion, accessories, perfume, and housewares.
- Bodum - products including the Santos and Presso coffee makers.
- Comfort House - offers household products that make life easier for seniors, the physically challenged, and caregivers.
- Improvements Catalog - quick and clever problem solvers for all your household needs.
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