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Place of Households in the Service Sector: Formation and Development Patterns

Author: Danila A. Bulanov, Postgraduate of Financial Management Dept., Urals State University of Economics

Abstract: Household savings are one of the potential sources of investments. In the developed countries sizeable proportion of funds allocated for the production development belongs to households. In Russia the situation is different. The article deals with various approaches to utilizing household incomes in Sverdlovsk oblast.

Keywords: Income of population, savings, investments of households, standards of living of population, households