Study Questions
note of the following questions for you to remember and be able to
As you start and go on reading with this module, read and take
Answer.
1. What is a family resources?
2. What are the human resources? Non-human resources
3. What are the components of Human resources and
Non-human Resources?
* What are the importance and uses of family resources>
5. What are the needs of the family?
6. What are the difference between needs and wants
7. What are the sources of family income?
8. What are the family expenditure
9. How do we allocates budget for each expenditure of the
family?
pa answer bebrainlest ko kung sino maka answer
Answers & Comments
Answer:
1) Family resources are the means that can be used by the family to cope with difficult situations; these include social, cultural, religious, economic and medical resources.
2) 2. Non Human resources: ... Non-human resources include the personal possessions, family possessions and the resources available to the individual with his/her community, state and nation. Money is the purchasing power, used to get other resources or achieve goals or attain satisfaction.
3) •Human Resources: Human resources are less tangible resources which originate internally and they constitute the personal characteristics or attributes.
•Non-Human Resources: Non-Human Resources are time, money, properties, goods, services and community facilities.
4) Family resources are the means that can be used by the family to cope with difficult situations; these include social, cultural, religious, economic and medical resources.
5) Basic needs required for the family are: food, housing, clothing, sex, health and education.
6) In economics, a need is something needed to survive while a want is something that people desire to have, that they may, or may not, be able to obtain.
7) Detailed income sources were aggregated into five broad categories: Employment (wages and salaries), Self-employment (self-employment and farm), Property (dividends, interest, and rents), Transfer (alimony, child-support, worker's compensation, education, financial assistance, public assistance and welfare, retirement,
8) They include the amount paid for lodging, food consumed within the home, utilities paid, and other costs. The sum of all the expenses is then divided by the number of family members residing in the house in order to find each member's share of the total expense. Some household expenses qualify for tax deductions.
9) That's because a family budget helps you: spend your money wisely on the things you must have – these are your needs. save money for the things you like but can live without – these are your wants. set aside money for unforeseen expenses – for example, if your car breaks down and needs repairs.