canvas. xavieredu Quiz: Module O $1,424 Question 3 1 pts Household production\"

Question

canvas. xavieredu Quiz: Module O $1,424 Question 3 1 pts Household production" refers to the manufacturing of durable household products. O the home building sector of the economy O home-based craft businesses. O goods and services people produce for themselves O 1 pts D Question 4 Because workers in the United States work fewer hours per week, on average, than they did over 100 years ago, workers in the United States are worse off than they were over 100 years ago. workers in the United States earn less income than they did over 100 years ago

Explanation / Answer

Household production can be defined as the production done by the household using their own capital and labor for their own consumption. These products can be small consumers goods like a meal, clothes the elderly and child care.

The correct answer to this question is "D" Goods and services people produce for themselves.

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.