Shared Flashcard Set

Details

FMST chp1
(the complexity of managing family resources)
6
Other
Undergraduate 1
10/01/2016

Additional Other Flashcards

 


 

Cards

Term
What is a Family
Definition
Term
What is a Family?
Definition

Units where members strive to meet each others need over time 

- individual & group needs 

- provide stability but in is constantly transition

Term
What are resources?
Definition
Tools to help meet needs and/or goals
Term
Types of resources
Definition

-Financial 

-Emotional 

-Mental 

-Spiritual 

-Physical

-Educational 

-Geographical

Term
What are some key concepts in Family Resource Management?
Definition

-Interdependency of individuals

-Dynamic environment 

-Conscious effort to meet need of all

-FRM process focused on consumption, availability, expenditure of resources

Term

What is

Family Resource Management (FRM)? 

Definition
FRM is an understanding of decisions individuals and families make about developing and allocating resources including time, money, material assets, energy, friends, neighbors and space to meet needs and/or goals.
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