how you can apply economic in your households
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Household economies analyses all the decisions made by a house hold. Economies theory of the households can help to understand the effect of public and private sectors. House hold economics are divided into two models : unitary model and collective model.
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Economics can be applied in daily life by buying and selling goods. Economics helps us in studying the past, future, and current models and apply themes to societies, government, businesses, and individuals.
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