The economy is a form of relationship between man and nature. Household

Man and nature can be in interaction. As a result, people get certain means to ensure their existence and further development. They use their own labor, as well as special tools.

What is it about?

The economy is and is what was said above. That is, we are talking about a variety of social production.

Depending on the level of development of production forces, economic facilities will provide finished products of one kind or another.

In the structure of any economic object there is a list of elements necessary for its adequate work:

• Social element - collective;
• Technical component - structures, vehicles, communication systems;
• An economic element - this or that form of organization of production.

The operational basis is a prerequisite for the operation of the facility. That is, under it it is necessary to allocate territory: ground, water or air.
The specified territory is at the disposal of a particular facility and can not be used by others. The economic and geographical situation is individual for each of them.

Varieties

The economy is the exploitation of any product that can be of use. It is obtained after the cultivation of a particular object.

There are the following types of farms:

• Home;
• Hunting;
• Fish;
• Forest;
• Sea and so on.

According to other sources, the economy is a means created by the hands of a person, as well as arising in natural conditions. They are used by people to ensure optimal living conditions and maintain it at one level or another.
The economy is a concept that can be subdivided into branches.

What is the industry? This is a list of enterprises that produce the same type of products. In this case, similarities are observed with respect to the methods of production.

What is meant by households?

Let's consider separately such concept, as house economy. This is the name of the economic unit that ensures the supply of labor. It, in turn, acts as one of the most important factors of production.

This unit consumes goods and services. Such a concept as a household is necessary to explain the turnover of incomes and expenditures in the market, as well as wealth and capital.

In statistics, the above concept is also used. It implies a group of people living in the same territory. They work together. It can be a family, for example. Sometimes they mean an individual who brings in income and leads all the affairs on his own.

Other forms of common economy are also possible.