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Economy can be defined as a means or a process by whichtime and money available is being used in other to avoid waste. So in the family , every member has his duties to perform, so therefore to avoid waste each member is assigned a funtion so that all reasources are being utilised to avoid any form or waste.
Wiki User
∙ 12y ago
The economic function within a family refers to how resources such as money, goods, and services are allocated and managed to meet the needs of the family members. This includes decisions on earning income, budgeting, saving, and spending on essentials like housing, food, education, and healthcare. Economic functions also involve considerations of financial planning, investment, and asset management to ensure the family's financial stability and future well-being.
Wiki User
∙ 11y agoto do with economics or the economy
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What is household function?
Household function refers to the various activities and tasks that are carried out within a household to maintain daily living. This can include cooking, cleaning, managing finances, and caring for family members. The household function can vary depending on cultural norms, family structure, and individual preferences.
What perspective is most aligned with the belief in family-controlled economic production socialization of children care of the sick and aged and reproduction?
The perspective most aligned with those beliefs would be a traditional or conservative perspective, which emphasizes the importance of family values and roles in society. This perspective values the nuclear family unit as the foundation of society and places a strong emphasis on family-controlled economic production, socialization of children, care of the sick and aged, and reproduction within the family unit.
What are the functions of the extended family?
Extended families provide emotional support, share resources and responsibilities, pass down traditions and cultural values, and help with childcare and eldercare. They also serve as a network for socializing and building connections within the community.
What are th changing structure in nigeria family?
In Nigeria, the structure of the family is gradually transitioning from extended families to nuclear families due to urbanization, modernization, and economic factors. This shift is leading to smaller family sizes, increased geographic dispersion of family members, and changing gender roles within the family unit. Additionally, there is a growing influence of Western cultural values impacting family dynamics and relationships in Nigeria.
What does reproductive and sexual function means in the basis function of family institution?
Reproductive and sexual function within the family institution refer to the roles and responsibilities related to procreation and intimacy. This can involve activities such as bearing children, raising a family, and maintaining emotional and physical connection between partners, all of which contribute to the continuation and stability of the family unit.
What are the economic functions of the family?
the economic function of the family is the things that the family members wants, their needs and how much they have to get it.
What are the economics of the family?
the economic function of the family is the things that the family members wants, their needs and how much they have to get it.
What is the function of council of economic advisers?
The Council of Economic Advisers (CEA) is an agency within the Executive Office of the President that advises the President of the United States on economic's.
What do you call the simplest function within a family of functions?
f(x) = 0 or 1 are probably the simplest.
What is the economic function of the environment?
Answer
What is the if function within the if function?
nested if
In an economic function what is equity?
In an economic function, equity is when the appointment of resources is considered fair. Government economic functions include providing public services and maintain a national defense.
If Function within an If Function?
Its called nested if
What are the advantages of reproduction as a function of the family?
what are the advantages of reproduction as a function the family?
What has the author Abdullahi Aliyu written?
Abdullahi Aliyu has written: 'F(FEamily Economic Advancement Programme AP)' -- subject(s): Domestic Economic assistance, Economic assistance, Economic assistance, Domestic, Family 'Nigerian economic breakthrough' -- subject(s): Economic policy, Economic conditions 'Press briefing on the disbursement of the second batch of loans under Family Economic Advancement Programmes (FEAP)' -- subject(s): Domestic Economic assistance, Economic aspects, Economic aspects of Family, Economic assistance, Domestic, Family
What is the economic function of profits and losses?
The economic function of profits and losses is to determine the performance of a company. This is what will contribute to the overall measure of the economy in a region.
How students life is affected by economic crisis?
If the child and their family went through an economic crisis, then they might have more trouble with their grades, friendships, family life, and other such things. But I am not an expert. So, you might want to ask a child psychologist or someone within those types of proffessions.
