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Categories:: 11.1. Financial and Resource Management
Statements:
A. Justify the decision to use or not use resources based on scarcity.
B. Know the relationship of the components of a simple spending plan and how that relationship allows for managing income, expenses and savings.
C. Describe the adaptability to meet basic human needs of the different types of housing available (e.g., single home, apartment, mobile home, shelter, recreational vehicle, public housing).
D. Analyze information in care instructions, safety precautions and the use of consumable goods as a demonstration of understanding of consumer rights and responsibilities.
E. Explain the principles of child labor laws and the opportunity cost of working by evaluating the advantages and disadvantages of holding a job while a teenager.
F. Explain practices to maintain and/or repair consumer goods and services.
G. Identify the public and nonpublic services that are available to serve families within the community.