The concept of "family economy" maintained that

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The concept of "family economy" maintains that the household was the fundamental unit of production and consumption. This meant that the family as a unit was responsible for both producing goods and consuming them, and they could allocate resources based on their own needs and preferences. It did not necessarily imply that households always lived at subsistence level or that women did not have to work. While saving money might have been a part of managing the family economy, it was not the central idea.

The Concept of "Family Economy" Maintained That