Wellbeing
What is meant by wellbeing?
The degree of satisfaction an individual or group experiences when their needs are met.
What is the difference between a need and a want?
A need is something essential for wellbeing, while a want is something desired but not essential.
What is a resource?
Something an individual or group can use to satisfy needs, achieve goals or improve wellbeing.
What does the availability of resources mean?
Whether a resource exists and is obtainable for an individual or group.
What is a goal?
Something an individual or group aims to achieve.
What acronym can be used to remember the factors affecting wellbeing?
SPEECS.
What acronym can be used to remember the specific needs studied in CAFS?
SHESEA / HESEAS.
What are the TWO broad categories of resources?
Human and non-human resources.
What acronym can help you remember the factors influencing the availability of and access to resources?
GASCD.
Identify THREE different types of goals according to the time required to achieve them.
Short-term, intermediate and long-term goals.
What does SPEECS stand for?
Identify the SIX specific needs studied in CAFS.
Classify each of these as a human or non-human resource: knowledge, money, energy and technology.
What does GASCD stand for?
What is resource sustainability?
Using and managing resources in a way that conserves them and allows them to remain available into the future.
A student has strong friendships and feels supported by their family. Which factor affecting wellbeing is most directly being positively influenced?
Social wellbeing.
A teenager joins a sporting club because they want to feel connected to others and develop confidence in who they are. Which specific need is being addressed?
Sense of identity.
What is meant by the interchangeability of resources?
The ability to substitute one resource for another to achieve a goal or satisfy a need.
A teenager cannot access a particular government payment because they do not meet the minimum age requirement. Which factor is influencing their access to the resource?
Age.
Give an example of how an individual could conserve a resource.
Answers could include budgeting money, reducing water use, conserving energy, maintaining possessions so they last longer or effectively managing time.
Explain why the factors affecting wellbeing are interrelated.
A change in one area of wellbeing can affect other areas. For example, losing employment may negatively affect economic wellbeing, which could create stress and affect emotional and social wellbeing.
Explain how the satisfaction of one need can contribute to the satisfaction of another need.
Needs are interrelated. For example, gaining employment can provide income, helping an individual achieve an adequate standard of living and potentially improving their sense of identity.
A family does not have enough money to pay someone to paint their house, so they spend their weekend doing it themselves. Explain the interchangeability of resources in this example.
The family substitutes their time, energy and skills for the financial resource of money.
Explain how socioeconomic status can influence an individual's access to resources.
Income, education and employment can affect an individual's ability to access resources such as housing, healthcare, education, transport and technology. Higher socioeconomic status may provide greater choice and access.
A student wants to save $500 for a new laptop. Explain how effective resource management could help them achieve this goal.
The student could identify their available financial resources, create a budget, prioritise needs over wants, reduce unnecessary spending and monitor their progress towards the $500 goal.