HOUSEHOLDS AS AN ELEMENT OF THE PRIVATE SECTOR AND THE BASIS OF SOCIAL AND ECONOMIC DEVELOPMENT (ON THE EXAMPLE OF OREL REGION)

Abstract

Modern economic systems refer to mixed economies. Modern mixed economy is defined by availability of two sectors - state and private ones. The private sector of the economy includes two elements: households and business. In the article households of Orel region are considered from the traditional positions of economic theory - as income receivers and as a consuming group. The methodology traditional for economic theory is used. As incomes receivers households of the region are analyzed from the point of view of functional approach and from the point of view of incomes distribution between various groups of the population. In the work author's calculations of real incomes of the population in Orel region for 2015-2017 are presented Their dynamics and structure are defined. Distribution of incomes between different groups of the population is studied and the structure of households’ expenses is investigated, that has allowed to make conclusions on the state of this element of the private economy sector and its influence potential on social and economic development of the region.