Q3_TLE#1

It is the process in which individuals and families use what they have, to get what they want.

• Resources

• Management

• Resource Management

It is the basic unit of society.

• Family

• Children

• Couple

Which of the following is not needed for man to live?

• Food

• Shelter

• Vehicle

It refers to stock, supply or money that can be withdrawn.

• Food

• Resource

• Income

This resource can be developed through skills, knowledge, and education.

• Human

• Material

• Non-material

Salary and income are examples of this resource.

• Human

• Material

• Non-material

Without this resource, family members won't be able to perform their daily tasks.

• Human

• Material

• Non-material

Whatever is earn in the form of money which comes into the family is called ____________.

• Human

• Income

• Money

This income is the flow of satisfaction derived by the family from the use of money income and real income.

• Money Income

• Real Income

• Psychic Income

Which of the following is a wise spending of family income?

• The family went to the mall everyday to eat in restaurants.

• Mrs. Carmen goes to the market with a list of all their needs for a month.

• Mr. Cruz bought their needs in the sari-sari store everyday.