◄Previous: 3 Inequality in economics

# 3.1 Income for whom?

Figure 8 An example of a household.

Income may be measured at either the individual or household level.

As the members of a household usually pool their resources, measuring income at the household level may be more indicative of living standards for the household as a whole.

For example, if there is a stay-at-home parent in a household their income may be very low or non-existent. However, their partner may receive a high income such that they experience a relatively high standard of living in their household.

But there may also be inequality within a family: household income level does not guarantee that income is distributed equally among the members of a household.

◄Contents►Next: 3.2 Sources of income

OpenLearn - Understanding economic inequality
Except for third party materials and otherwise, this content is made available under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 Licence, full copyright detail can be found in the acknowledgements section. Please see full copyright statement for details.