LPHAM Assignment Chapter Six.docx - CFS 2065: Resource...

CFS 2065: Resource Management Name:__ _______
Assignment for Chapter 6
True/False:
1. A resource must have a purpose or utility.
2. Accessibility allows consumers to move assets where they are needed the most. 3. Owning a home is a good example of a transferable resource. 4. Any resource can be substituted as a means to gain assets. 5. Maslow was the first to create the Resource Theory. 6. Money is the most particularistic resource. 7. Exchanging goods has a high degree of concreteness because we can gain or lose possessions. 8. Effort consists of observable ways that someone does things that contribute to accomplishing a task. 9. The value of a person’s time is viewed relatively the same by most people. 10. The term “living wage” refers to those who have an education and are salaried. 11. Wage differences between men and women historically have favored men. 12. Those with the most resources have more of an advantage in avoiding inheritance taxes. 13. Environmental resources can never be depleted and are renewable. 14. Collective socialization refers to how a community engages in family life. 15. One of the major purposes of Social Security is to provide social assistance for those who lack
education.
16. Every culture will have different meanings and place different values on resources.
17. The most effective way to manage resources involves improving people’s lives while weighing the
effects of culture, environment, and equity.