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household organization and budget structures in a Purepecha pueblo
Author(s) -
ACHESON JAMES M.
Publication year - 1996
Publication title -
american ethnologist
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.875
H-Index - 78
eISSN - 1548-1425
pISSN - 0094-0496
DOI - 10.1525/ae.1996.23.2.02a00080
Subject(s) - structuring , craft , business , production (economics) , transaction cost , database transaction , finance , marketing , economics , geography , archaeology , computer science , macroeconomics , programming language
In Cuanajo, Michoacan, Mexico, where the local furniture industry has undergone substantial expansion, households vary widely in size, financial practices, and levels of economic success. Households use three different kinds of funds: General, Personal, and Obligated Funds. Each has different characteristics. Households of different sizes and levels of business success use different kinds of funds, which are combined in different ways. In this article I argue that these different ways of structuring budgets contribute to or detract from business success by influencing transaction costs within households. [budgets, household organization, Mexico, craft production, Purepecha]