Household sector is a term referring to the individual persons in individual households and their correlation to society, particularly the economy.
industry sector , raw materials sector , human resources sector , financial resources sector , market sector , technology sector , economic conditions sector , government sector ,
service sector (tertiary sector)
The public sector is a government (city, state, national); the private sector is a business. Public sector jobs are publicly-funded (by taxes, for instance) whereas private sector jobs depend on the revenue of the business
A sector in which the public can budget
7ps of banking sector
To spend income and consume
The household sector includes the entire population of society. It includes all of the consumption-seeking members of society--the entire population. It IS society. In effect, the economy exists to satisfy the wants and needs of the household sector.Members of the household sector also own all of the factors of production, all resources. Every resource, every worker, every factory, every acre of land, every risk-taking entrepreneur is owned by someone in the household sector. This means that the other two domestic sectors--business and government--exist to satisfy the wants and needs of the household sector.
The two sector model consists of the: Household Sector: The household sector includes everyone in an economy who consumes goods and services. Business Sector: The business sector contains the private, profit-seeking firms in the economy that combine scarce resources into the production of wants-and-needs satisfying goods and services.
In a Three-sector economy ,along with the household sector & business sector there is government sector too.Because the government can influence on the circular flow of income in 2 ways.1.It collects taxes[=T] from households & firms,and2.it makes various payments [=G] to household & business sectors.Here taxes can be taken as a lekage & government expenditure as an injection.
Businesses are sellers of products.
The four sector economic model is a measure of household, business, government and foriegn sectors.æ The purpose of the four sector model is to include global trade in the calculations of a nations economy.
D. Muraleedharan has written: 'Savings mobilisation in household sector' -- subject(s): Saving and investment, Statistics
In modern world economic field is not a closed one.Each & every country engaged in foreign trade. Each country imports & export goods & services from other countries. So in a four- sector economy we consider about importing & exporting to along with household sector,business sector,financial sector & government sector.
He also arranged to expand Nichimen's strategic businesses of energy, chemicals, plastics, and household and general products through mergers and acquisitions.
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)