WorksheetsHome Economics
Total questions: 10
Worksheet time: 5mins
It is a financial gain earned from operating a business.
profit
salary
bonus
commission
It is fixed regular payment typically paid on daily, monthly or biweekly basis.
pension
commission
salary
overtime payment
If Cruz family has a combined net income of 30,000. How much will be spent for food if they allocated 40% for it?
12,000
12,100
12,050
12,115
It is an incentive pay to certain individual from insurance, selling real estate, appliances and educational plans.
bonus
profit
wage
commission
It is the fuel we need to
survive and it is where our energy came from.
clothing
education
shelter
food
Defined as anything we use to achieve what we want (our goals)
and needs (to survive).
Family
Resources
Management
none of the above
These are materials found in nature that can be used for practical
human purposes that are considered to have value.
Material resources
Non-material resources
Human resources
All of the above
Resources possessed and utilized by persons example of this is capabilities
Human Resources
Material Resources
Nonmaterial Resources
Natural Resources
Refers to intangible resources such as health, experiences, and time.
Human Resources
Material Resources
Nonmaterial Resources
None of the above
It is the root of everything, it is where
everything starts, even before formal education. The basic unit of our society.
Education
Family
Social needs
All the choices are correct.
