Household

Economics - markets.

A household can be a family or a number of other people (or an individual) living together, usually in a single residence, and sharing certain living expenses.

Contrasted with a commercial business or firm.

Households generally participate as consumers and price takers in retail markets.

See also

• British Retail Consortium
• Challenger bank
• Conduct
• Consumer
• Demand
• Economics
• Economy
• Efficient market
• Expenditure
• Firm
• High street
• Household saving ratio
• Market
• Market mechanism
• Poverty
• Retail
• Retail mobility index
• Retail payments
• Retail Prices Index
• Savings
• Small and Medium-sized Enterprises
• Stability
• Supply
• Wholesale