Maharashtra Board Class 11 Home Management Chapter 5 Family Resources PDF Download

5. Family Resources

Meaning and Definition

Classification of Resources

Characteristics of Resources

Factors Affecting the Use of Family Resources

Let's Discuss:

What are called resources?

Various material and non material things are required to satisfy the needs and to achieve the goals of individual and family. These tangible and intangible things are called as resources. Resources available to family are the base of Home management.

Every individual and family has resources like money, time, energy, skills, ability, knowledge, attitude etc. Besides these, some community services like police, fire brigades, electricity and water supply, parks, roads, libraries, educational institutions, hospitals etc can be used by individual or family as a resource to fulfill the needs or goals.

All these resources have some common characteristics. Resources are useful, limited and interrelated to each other. Hence, it is necessary to apply management process to all resources for their thoughtful utilization. All resources hold a very important place in our life.

5.1 Meaning And Definition:

Every family has certain needs and goals to be fulfilled. Fulfillment of these family goals depends on availability of resources. Resources are means through which we can perform a task or achieve goals. Resources are those materials and human attributes that satisfy our wants. Resources are defined as follows.

According to Random House Dictionary resources means, "A source of supply, support or aid, especially one held in reserve".

Mallack Deccan defines resources as follows- "Resources are means which are available and recognized for their potential in meeting needs".

Each individual has various resources at one's disposal. The resources that a family has are known as family resources. It is necessary to recognise all these available resources and to allocate them properly for achieving individual or family goals. The amount of resources available will vary from person to person and from family to family. The available resources must be used to its full extent for effective management.

Teacher's Note

Resources mean all things we need to live a good life. Just like your school needs books, teachers, and buildings, your family needs money, time, and love to work well together.

Exam Trick

Remember: Resources = Tools for reaching goals. Like a toolbox has many tools for repair, your family has many resources for living happily.

Points to Remember

Resources are things we use to reach our goals.
Resources can be money, time, skills, or services.
Every family has different amounts of resources.
We must use resources carefully and thoughtfully.
Resources help us live a better life.

5.2 Classification Of Resources:

Resources available to the family can be classified in different ways. On the basis of its origin, the resources are classified into following two types.

Classification of Resources

Human Resources

Time

Energy

Interest

Skills

Knowledge

Ability

Attitude

Non Human Resources

Money

Material goods

Assets

Community Services

Teacher's Note

Human resources are things inside us like our time and skills. Non-human resources are things we can touch like money and furniture in our home.

Exam Trick

Remember: Human = Inside you (time, energy, skills). Non-human = Outside you (money, things, services like hospitals).

Points to Remember

Human resources come from inside a person.
Non-human resources are things we can touch or buy.
Time is a human resource we all have equally.
Money is a non-human resource that not all have equally.
Both types of resources are needed to reach our goals.

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