If we want to buy a T. This will help in buying a better quality product. Time: It is constant for everyone, 24 hours a day. The way a person man-ages and uses her time is her per-sonal choice. A student may finish all the work before going to play; another may waste his time watch-ing television or talking on the cell phone.
Energy: This is both mental and physical power of a person. To achieve goals, one needs to plan, organise and finally implement the plans. This would require both mental and physical energy. Abilities and skill: These are inher-ited and acquired.
These may include skills like cooking, decorat-ing, gardening. These skills can also be developed by sys-tematic learning and practice. Attitude: These are opinions or feel-ings a person has towards a thing which may hinder or help in achiev-ing his goals. A positive attitude may help a person achieve what he wants whereas a negative attitude may hin-der her in achieving what she wants. Non-human Resources: These are tools and assets that families have at their dis-posal to achieve what they want.
These are available for everyone to use. A per-son works hard and earns money to be used by him and his family. Community facilities like banks, post offices, parks, and library.
These are tangible and are more identifiable. Money: It is the pivotal resource which can be exchanged to buy material things, commodities and services. It can also be used for future use and thus gives a sense of security to the family. Material goods: These include durable goods or perishable goods used and owned by a family in their everyday use. Differentiate between renewable resources and non- renewable resources.
Differentiate between :Renewable and non-renewable resources. Give an example of renewable and non-renewable resources. Difference between renewable and non-renewable resources. Explain renewable and non-renewable energy resources with an example. Explain the difference between renewable and non-renewable resources. What are renewable and non-renewable natural resources? What are non-renewable resources?
A non-renewable resource is. Non-Renewable energy resources. Which of these statements is not true regarding non renewable resources? This will help to decide what additional resources are needed, and not available readily. It is important to recognize and use all kinds of resources carefully in achievement of the goals.
The success of management process depends upon the recognition, allocation and use of resources. The resources can also be classified as economic resource and non economic resources based on the monetary value they have or they can be classified by their availability in the family subsystem in near and larger environment Ref: Gross et al In the second method the resources can be classified into three categories.
The third method of classification is based on their economic value or worth, where in all resources are classified into two broad categories. Economic Resources : These are those resources , which are utilised for production e. Non-economic Resources : These are those resources , which are for self consumption e.
The fourth type of classification of resources is dependent on their tangibility or perception by touch. Tangible Resources : These resources can be perceived by touch e. Non-tangible Resources : These resources can not be perceived by touch e. The fifth classification of resources is based on the social linkages of the organisation to which these resources belong.
Thus, resources are broadly divided into the following five categories. Personal Resources : They belong to one individual e. Family Resources : They belong to the entire family members e. Community Resources : They are available to the community from the neighbourhood e. National Resources : These are available in the nation and the whole population is provided with these resources e.
World Resources : These are shared by the entire population of the world e. The sixth classification of resources is based on ecological approach, stressing upon the interrelationship between people and their environment where these resources are found. Thus, resources are divided into the following three categories. Family System and Household Environment: These are resources available within the household environment, surrounding the family e.
Near Environment: It includes markets, educational facilities, recreational groups, medical facilities etc. Human, Physical and Psychic Capital Resources. The seventh classification of resources is based on consumption economics. In this classification all resources are divided into the following three categories. Human Capital: They include technology, capacity, motivation and time.
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