Exam 4: Resources

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__________ is starting to challenge the United States regarding the reputation of being a top throwaway society or of being a heavy consumer society.

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D

________ recognizes that obtaining any scarce good involves a cost which affects behavior and goal setting.

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D

__________ are what is available to be used.They produce valued results.They are assets used to satisfy some need.

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A

The ______________ Resource Model illustrated in the book shows the interdependence of resources,how they exchange.

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__________ cannot be touched; examples include integrity,confidence,and literacy.

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Skills,talents,and abilities that people possess can be categorized best as:

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Resource-Advantage Theory developed by Shelby Hunt includes the ideas of family competence or household competence and that __________ is part of family resource management.

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The worth of __________ tends to be undervalued in our society.

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___________ is the highest valued alternative that must be sacrificed to satisfy a want or attain something.

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_________ is the value,worth,applicability,productiveness or usefulness of a resource.

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___________ is the ability to recognize and use resources effectively.

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According to the book,the characteristic way an individual or family manages resources is shaped by 5 forces,which of the following is not one of them.

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According to the book,the most likely time for women's friendships to fall off is between the ages of:

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In economics,________ means a shortage or insufficient amount of supply.

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The artist Pablo Picasso sketched a woman tourist and charged her a lot for just a few minutes work.By his response,this is an example of:

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