Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. … In developed capitalist economies, private consumption spending accounts for half or more of GDP.


Part 2, Chapter 9, Reproduction (for Economists), p. 114 (Case as per text.) - Economics For Everyone (2008)


Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. … In...

Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. … In...

Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. … In...

Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. … In...