Family Resources and Needs, and Sources of Income

What type of family resources is defined as “all able-bodied members of the

family who can contribute their effort, skills, strength, and expertise”?

• Human Resources

• Material Resources

• Non-Material Resources

• Non-monetary Resources

Time, health, and experience are considered family resources also. What

type of resources they belonged?

• Human Resources

• Material Resources

• Non-Material Resources

• Non-monetary Resources

Which of the following is NOT a basic need of a family?

• expensive car

• clothing

• food

• shelter

Why most families invest in real estate properties and jewelry?

• Their value decreases over time.

• Their value increases over time.

• Their quality depreciates as they get old.

• Their quality remains for the longest time.

In what situation can you help your family save resources?

• Develop the habit of walking short distances.

• Turn off appliances when not in use.

• Spend their allowance wisely.

• All of the above.

Which of the following kind of money income received by retired persons,

old age widow and other pensioners?

• dividends

• pension

• salary

• wage

What kind of income is defined as monthly salary of a person who are doing

government or private services?

• dividends

• pension

• salary

• wage

Which of the following is NOT a real income?

• inherited agricultural land

• garden produce

• poultry farms

• gift check

Which of the following is an example of a psychic income?

• pensions

• royalties

• travel abroad

• wages

How will you spend your income wisely?

• Choose store where you can be assured of standard price.

• Know the substitute ingredients for expensive items.

• Buy in bulk the things that are needed every day.

• All of the above.