Question 1

What are some modern ways of saving money?

Accepted Answer

All of the above?

Answer

By saving it with co-operative societies

Answer

Insurance companies

Answer

By keeping it in the bank

Question 2

What are some reasons for poor savings?

Accepted Answer

All of the above

Answer

Bad economy

Answer

Large family size

Answer

Little income

Question 3

What is NOT a reasons for savings

Accepted Answer

To spend money as needed

Answer

To prevent it from being stolen

Answer

To earn interest and profit

Answer

To have it for use when needed

Question 4

What is the meaning of resource management and conservation?

Accepted Answer

Organizing and preserving resources

Answer

Making profits from resources

Answer

None of the above

Answer

Using resources for personal gain

Question 5

What are the two types of natural resources?

Accepted Answer

Renewable and non-renewable resources

Answer

Domestic and international resources

Answer

Commercial and non-commercial resources

Answer

Private and public resources

Question 6

What are NOT some examples of renewable resources?

Accepted Answer

Oil and aluminum

Answer

soil and groundwater.

Answer

wind and grass

Answer

Timber and solar energy

Question 7

What are NOT examples of non-renewable resources?

Accepted Answer

Oil and phosphates

Answer

Timber and solar energy

Answer

steel

Answer

Aluminum

Question 8

Which of the following is NOT an importance of managing and conserving natural resources?

Accepted Answer

To deplete the resources

Answer

To have it for use when needed

Answer

To ensure they are not left untapped through carelessness or mistakenly

Answer

To make them last long

Question 9

What is one of the consequences of careless cutting of trees?

Accepted Answer

Shortage of wood for furniture and other wood works

Answer

Increased availability of wood resources

Answer

Increased opportunities for companies that use wood

Answer

None of the above

Question 10

What are some problems that can arise from underutilization of resources?

Accepted Answer

All of the above

Answer

Inadequacy

Answer

Poverty and illiteracy

Answer

Difficulty in getting land

Question 11

Which of the following is NOT a problem that can arise from underutilization of resources?

Accepted Answer

Overutilization

Answer

Inadequacy

Answer

Difficulty in getting land

Answer

Poverty and illiteracy

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