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Chapter9 - Household economy

Published online by Cambridge University Press:  28 March 2008

Roderick Floud
Affiliation:
London Metropolitan University
Paul Johnson
Affiliation:
London School of Economics and Political Science
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Summary

INTRODUCTION

In many times and places, household and economy were overlapping institutions. Indeed, the word economics comes from the Greek oeconomica, meaning the science or art of managing a household. The traditional household brimmed with economic activities. Based on kin but extended to include living-in servants, apprentices and lodgers, it was the scene of production as well as consumption and reproduction. Allocation of labour and resources was not egalitarian, but all members participated. In contrast its modern counterpart has suffered a dramatic ‘loss of function’. Needs that were formerly met by family members working within the home are now met by outside agencies, and individuals interact with the wider economy and society not through their households but independently. The household has wasted economically, shrunk in apparent size and become dependent on the earnings of its male head, or very recently its two adult earners (Parsons 1959).

The contrast between pre-industrial and modern families implicates economic change in the household’s loss of function. Urban industrial life not only involved significant changes in how goods and services were produced but also reallocated the transformed activities between the household and the market economy. This chapter is about these processes as they occurred for the first time in the context of another pioneer experience, industrialisation in Britain in the eighteenth and nineteenth centuries: ‘ours was the society which first ventured into the industrial era, and English men and women were the first who had to try to find a home for themselves in a world where the working family, the producing household, seemed to have no place’ (Laslett 1965: 18).

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Publisher: Cambridge University Press
Print publication year: 2004

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  • Household economy
  • Edited by Roderick Floud, London Metropolitan University, Paul Johnson, London School of Economics and Political Science
  • Book: The Cambridge Economic History of Modern Britain
  • Online publication: 28 March 2008
  • Chapter DOI: https://doi.org/10.1017/CHOL9780521820363.010
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  • Household economy
  • Edited by Roderick Floud, London Metropolitan University, Paul Johnson, London School of Economics and Political Science
  • Book: The Cambridge Economic History of Modern Britain
  • Online publication: 28 March 2008
  • Chapter DOI: https://doi.org/10.1017/CHOL9780521820363.010
Available formats
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To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Household economy
  • Edited by Roderick Floud, London Metropolitan University, Paul Johnson, London School of Economics and Political Science
  • Book: The Cambridge Economic History of Modern Britain
  • Online publication: 28 March 2008
  • Chapter DOI: https://doi.org/10.1017/CHOL9780521820363.010
Available formats
×