The household is the basic unit of analysis in many microeconomic and government models. The term refers to all individuals who live in the same dwelling. Most economic models don't address whether the members of a household are a family in the traditional sense. Government and policy discussions often treat the terms household and family as synonymous, especially in western societies where the nuclear family has become the most common family structure. In reality, there isn't always a one-to-on… (More on Households)