Understanding Resources: Classification, Factors, and Similarities

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Resources play a vital role in satisfying our needs and achieving our goals. They can be tangible or intangible, material or human attributes. This includes time, energy, knowledge, skills, abilities, and more. Human resources originate internally and are inherited with unlimited knowledge. Skills and abilities can be inherent or acquired through education and training. Attitude, interest, time, and energy are crucial factors affecting resource utilization.


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  1. RESOURCES Classification, factors affecting their use, similarities

  2. Resources are the means for satisfying our needs and reaching our goals. Resources can be defined as those material or human attributes which satisfy our wants and desires in achieving our goals. Some of these are tangible(that can be felt) Some of these are intangible(that cannot be felt)immaterial.

  3. Classification of resources Time-one hour Energy-for indoor and outdoor activities Knowledge-for purchasing, for decision making Attitude-willingness to do a work Interest-desire for a work Skills-eg.in music, household work Abilities-intellectual and technical capabilities Human resources Non Human resources Money-income, savings, interest .Material goods-food, clothing, car, household goods ,scooter Property-house, land Community facilities-library , parks, hospital, school

  4. Human Resources-Originate internally or have become part of person. These resources are inherited in a person. Knowledge is unlimited and is learned at every step. Though it is a personal human resource but we get it from society. Knowledge can be through TV, radio ,newspaper, magazine, exhibitions and housewife should be alert to get such information.

  5. Skills and abilities-Abilities are are inherent or they can be acquired through education or through training. Girls learn household skills from their mothers. Boys get professional training such as farming ,carpentry etc from member of family and technical skills from social organisation Attitude and Interest-Interest of person in doing a work is purely a mental set up. It can be positive or negative attitude. Appreciation of work done .encouraging and providing facilities can help to develop a positive attitude.

  6. Time-is an important and limited human resource use to carry out each activity. It is a minute, an hour a whole day or even the life time which is available to all persons regardless of caste ,creed, wealthy or poor. Time once cannot be regained it cannot be saved and stored for future use. Energy-Energy is needed for doing all household activities and other tasks. Energy is used to carry out physical and mental activities , external and internal body activities such as eating, and digesting food ,breathing etc. Energy is a limited resource which cannot be measured. It differs from person to person and from time to time.

  7. Non-Human Resources Non- Human Resource are also called material resource. There are tangible (definite) resources which are available to a person for use but are not his part. These can be easily defined. Some of these are family s own possessions e.g.house, property, money etc and some as community facilities that are available to family such as library, park, school, hospital etc

  8. Money-means purchasing power. Money can be spent to buy all material resources and even human resources such as knowledge, skills etc. Money can help to save limited resources such as time and energy. Property and material goods-includes immovable property such a house, shop, land etc and movable property such as scooter ,car etc Community Facilities-includes facilities and services that family gets for being a part of family such as school, hospital, library, park, market etc

  9. Characteristics Of Resources All resources are useful; All resources have some utility though some may be more useful than others. The usefulness or value of a given element may be recognized only in relation to a specific goal. Money may be useful for buying a house but cannot be useful in doing well in exams. Resource are limited-All resources are scarce though some may be more scarce than others. Adequate management is required. Time and energy is limited so is money ,intellectual capability etc. All resources are inter related-A goal cannot be used by use of any single resource. Use of one resource affects the use of the other and one resource can be used in place of the other.

  10. A resource can be used for one purpose only at one time-Resources may have more than one uses but one resource can be used for one purpose only at one time e.g. time used for one activity cannot be used for another activity at the same time. Quality of life is determined by the use of resources-Resources are limited and if these are used judiciously to achieve a particular goal then the person will be able to achieve his what he wants with minimum expenditure and his quality of life will improve and so will his standard of life.

  11. Factors affecting the use of resources Skill and abilities of the home-maker-A skilled and able home maker can utilize her time and money in a better way. Identifying the primary need of the family ,allocation of resources for meeting them, making the resources available and evaluating them. Aims and objectives Efficient use of resources is directly dependent upon aims and objectives of family. A car is a luxury item for a business man where as it is a source of income for a taxi driver. Both will spend the money according to their objectives.

  12. Family set up-The use of resources differ according to size, set up,stage of family life cycle. Surroundings and environment-The effective use of resource is influenced by the social as well as natural environment e. g. In cities money is utilized for maintaining standard of living where as in villages it is utilized for basic necessities. Education of family members-If families members are educated resources are utilized more efficiently Educated housewife will be aware of time and labour saving devices like washing machine, mixi etc. Educated families always try to get maximum benefit from the available resources instead of wasting them on non essentials.

  13. Economic condition-Money is such a resource that can be used to get other resources. If the family has money they can buy time and labour saving devices and can get a domestic help. Stage of family life cycle-When children are young the demand on resources of time and energy is high but expenditure is less. Family can save money foe future use. The use of resources is in different forms at different time but the main aim of their use should be to get maximum satisfaction from them. To fulfil this aim effort must be made to increase the resources, new substitutes can be discovered maximum benefit from available resources and effort to keep balance between interest and goals.

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