Family and Resource Management

All the following are family types except.

• Single

• Expanding

• Blended

• Nuclear

Mother, father and child or children living together. What is the name of this family?

• Blended

• Contracting

• Nuclear

• Extended

Water, Wood, Oil and rocks are all examples of what type of resource?

• Natural

• Capital

• Human

Teachers, Farmers, and Builders are all examples of what type of resource?

• Natural

• Human

• Capital

How can you manage family resources wisely?

• Allow members of the family to express their preferred task.

• Give members of the family specific tasks.

• Do everything around the house all by yourself.

• Do some chores together with other members of the family.

Why should you learn how to manage your time, money, and energy?

The following are sources of family income, except:

• fees from services

• bonus

• debt

• commission

Give wise tips on spending your family income.

What are the components of family budget?

• food, shelter and clothing

• health and education

• household operations and utilities

• all of the above

The process of buying food in large quantities is called

• Hire purchasing

• Wise purchasing

• Cheap purchasing

• Bulk purchasing