Anything used to achieve an end and has a use or purpose.
What is a resource?
Sellers decide to make or produce goods and services.
What is "supply"?
A path to life satisfaction.
What is Maslow's Hierarchy of Need?
War, recession, and terrorist attacks are examples.
What are examples of "historical context" that influence families?
These can be variable or fixed.
What are expenses?
What are human resources?
The study of how resources are expended to fulfill needs and wants.
What are "economics"?
Human, Social, Economic, and Environmental.
What are the four categories of resources?
Some families focus on the past, some on the present, and some on the future.
What are the different time orientations?
When product inventory increases against a decreasing demand.
What is a surplus?
Intentionally living the simple life.
What is voluntary simplicity?
This happens when demand exceeds the supply.
What is a "shortage"?
This is considered the most basic unit of society.
What are families?
A cultural concept that is often considered a commodity in American culture.
What is "time" or "time management"?
Physiological, safety, love and belonging, esteem, and self actualization.
What are the various levels of Maslow's Hierarchy of Needs?
The ability to identify and use resources to meet needs effectively.
What is resourcefulness?
This is the percentage of people seeking employment without work at the current time.
What is the unemployment rate?
Circumstances, personality, economic status, technology, culture, lifespan, and gender.
What are some factors that change our perception of our needs?
Human nature, man and nature, time, activity, and relational.
What are the orientations that influence worldview.
A statement of monetary planning.
What is a budget?
Resources that are felt and collectively owned.
What are social resources?
All people over the age of 16 seeking work or already employed.
What is the labor force?
Time, energy, skills, knowledge and effort.
What are examples of "human resources"?
Influences of history, culture, and environmental factors that change the behavior of a family.
What are contextual factors.
A tool that is used to collect information and determine the needs of a population.
What is a needs assessment?