Not all of the goods and services produced in the U.S. economy are part of the monetary market economy. Some are provided within the families or to other loved ones outside the monetary economy.
A new study comprehensively describes this non-monetary part of our economy. “The study estimates the value of unpaid care nationwide at $691 billion in 2012, roughly 4.3 percent of the country’s GDP.”
from Wash Park Prophet http://ift.tt/1dLc5nC
via Denver News