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Home Economics: 13.1 - Management of Household Financial Resources

This class was created by Brainscape user Allan Haydenerd. Visit their profile to learn more about the creator.

By: Allan Haydenerd
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Decks in this class (12)

The role of the household as a financial unit within the economy
How do individuals in paid employ...,
What effect does paying statutory...,
Give an example of a state servic...
12  cards
Social factors that affect household income
What are the main social factors ...,
At what age does income begin to ...,
Why does income usually increase ...
21  cards
Income
List the main sources of income 6...,
What is a wage,
What is a salary
7  cards
Compulsory Deductions
What are compulsory deductions,
List the compulsory deductions wh...,
Write a note on income tax 4 points
14  cards
Voluntary Deductions
List five possible voluntary dedu...,
What is private health insurance ...,
What is a trade union subscriptio...
9  cards
Social insurance payments (contributory)
What are social insurance payment...,
List the social insurance payment...,
What is the state pension contrib...
7  cards
Social Assistance Payments (non-contributory)
What are social assistance paymen...,
List the social assistance paymen...,
What is the non contributory stat...
11  cards
Universal Payments
What are universal payments,
What is the only universal paymen...,
What is child benefit
3  cards
Types of Household Expenditure
What are the two different types ...,
What is essential expenditure,
What are the different types of e...
9  cards
Factors the contribute to varying patterns of household expenditure
What are the main four factors th...,
How does socio economic status co...,
How does family size stage contri...
5  cards
Ways to reduce household expenditure
A family can make savings in what...,
How can families make savings whe...,
How can families make savings in ...
5  cards
Past Exam Questions
Analyse the factors that affect h...,
Analyse the factors that affect h...,
Q analyse the factors that affect...
37  cards

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Home Economics: 13.1 - Management of Household Financial Resources

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