The Image of the “Economy” as the “Household”

How might you respond to the definition of economics as “the management of God’s household so that all may flourish”?

To answer this question, think of how does the image of the ”economy” as the ”household” affect the way you think about economics? What connotations does the word ”household” have that the word ”economy” does not have? Address each of the questions, being sure to include relevant passages of scripture as support for your responses, as appropriate.