Quiz on Home Economics

What is the primary source of income for most families?

• Salary

• Investments

• Government assistance

• Inheritance

Which resource is essential for family well-being?

• Financial

• Emotional

• Physical

• All of the above

What is the role of family members in managing resources?

• To spend money

• To save money

• To share responsibilities

• To make individual decisions

Which resource affects family decisions?

• Time

• Money

• Energy

• All of the above

What is the benefit of budgeting family resources?

• Increased spending

• Reduced savings

• Financial stability

• Decreased income

What is the first step in decision-making?

• Identifying options

• Weighing consequences

• Defining the problem

• Making a choice

Which factor influences decision-making?

• Personal values

• Family values

• Cultural norms

• All of the above

What is the role of critical thinking in decision-making?

• To analyze information

• To make impulsive decisions

• To consider emotions only

• To ignore alternatives

Which decision-making model involves weighing pros and cons?

• Rational decision-making

• Intuitive decision-making

• Behavioral decision-making

• Emotional decision-making

What is the outcome of effective decision-making?

• Conflict

• Regret

• Satisfaction

• Uncertainty