Household is another term for occupied dwelling unit. A household includes all persons who occupy a housing unit. A housing unit is a group of rooms or a single room occupied as separate living quarters where occupants live and eat separately from other persons in the building, and have direct access from outside the building or through a common hall. A household can include more than one family.
Individuals and family units which, as consumers, buy goods and services from firms and, as resource owners, sell or rent productive resources to business firms.