Resource Management (Leaving Cert Home Economics): Quizzes

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Family Resource Management
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What is family resource management?

Strategic use of resources to maximize life quality

Which three resources are key in family resource management?

Time, money, and energy

What does financial stability as an objective include?

Savings, investments, and debt management

What does time management in families aim to balance?

Work, leisure, and family time

What is a key feature of a closed system?

Limited ability to adapt to external changes

What characterizes an open system approach?

Flexible and responsive to external conditions

Which example illustrates a closed system?

Family with single income, no external support

What is crucial for effective financial management?

Creating realistic budgets

How should cleaning responsibilities be organized?

Shared based on age and abilities

What does smart meal planning achieve?

Proper nutrition within budget constraints

What community resources help coordinate activities?

After-school programmes and shared transport

What happens when families manage resources well?

Better meet immediate needs and long-term goals

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