ECONOMIC FUNCTION OF FAMILY HOUSEHOLDS IN THE NEW ECONOMY

The article revealed the essence and analyzed the functions of family households in the new economy. The economic basis of all reproductive processes that determine functioning and development of the new economy is associated with the category of family household, which combines all features and functions of the two categories — family and household. The family household performs many functions, but generalizing it can be defined as the reproduction of various aspects of their lives. Among its main functions it is necessary to highlight the economic, which is based on the full implementation of all other functions. After all, the functioning of a separate family household directly depends on economic provision. Implementation of the economic functions of this household unit provide production (family business), exchange with other market participants, consumption, the formation of the required level of consumer demand, savings and investment, solving various household problems, the formation and reproduction of human capital. Manufacturing, as one of the economic functions of the household, should be viewed in two respects: income-generating activities; self-care and homework within one's own household to meet the needs of only its members. It is noted that the result of the functioning of family households as active independent actors of the new market economy and the main socio-economic institution of society is the formation of savings, which, in turn, is a powerful investment tool.