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Non-Market Allocation within Families
Families serve as a primary example of non-market resource allocation. Unlike in a market, goods, services, and responsibilities are distributed among family members based on relationships, needs, and established roles, rather than through explicit buying and selling.
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Social Science
Empirical Science
Science
Economy
CORE Econ
Economics
Introduction to Microeconomics Course
The Economy 2.0 Microeconomics @ CORE Econ
Ch.10 Market successes and failures: The societal effects of private decisions - The Economy 2.0 Microeconomics @ CORE Econ
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