Home economics Year 8

What are family resources?

• Financial, human, physical, and social assets

• Only financial assets

• Only physical assets

• Only social assets

What is the importance of managing family resources?

• Ensures financial stability

• Promotes family well-being

• Increases family conflict

• Decreases family cohesion

How can families prioritize resource allocation?

• By setting goals

• By tracking expenses

• By budgeting

• All of the above

What is the role of communication in managing family resources?

• Encourages conflict

• Fosters cooperation

• Ignores needs

• Only benefits individuals

How can families ensure resource sustainability?

• By saving

• By investing

• By reducing waste

• All of the above

What is decision making?

• Process of choosing options

• Process of avoiding choices

• Process of following rules

• Process of seeking advice

What are the steps in decision making?

• Identify problem, gather info, weigh options, choose, evaluate

• Ignore problem, avoid info, choose quickly

• Seek advice, follow rules

• Only consider personal interests

What is personal decision making?

• Making choices for oneself

• Making choices for others

• Avoiding choices

• Seeking advice

What is family decision making?

• Making choices for family members

• Making choices with family members

• Avoiding family input

• Only considering personal interests

How can decision making impact relationships?

• Strengthens bonds

• Creates conflict

• Has no impact

• Only benefits individuals