Impact of modernization processes on the economic behavior of households

Abstract

The conceptual basis of the forming of the organizational and economic mechanism of the households development, taking into account their role in the context of non-fi nancial aspects of functioning and participation in modernization processes that ensure the renewal of the country’s economic system are determined in the paper. It is substantiated that developed and developing countries have models of economic behavior of households which are characterized by a paradigm of welfare maximization. Developed countries create an impulse for global world development, at the same time this development is provided by the human potential, which is formed in other countries, herewith losing the modernization potential.