TOPIC: RESOURCES IN FAMILY BUSINESS - february 3, 2026

TOPIC: RESOURCES IN FAMILY BUSINESS

Key Concepts

1. RESOURCES

Definition:

A resource is anything that can help a family to work, organize themselves, or solve a problem.

2. Human Resources

Definition:

Human resources are the people who contribute their time, effort, knowledge, and skills to help solve a need or perform a job.

Examples to explain in class:

• A mom that cook in the kitchen
• A dad that fix things
• A grandmother who knows sew
• Children who help, clean, or take care of others

3. Material resources

Definition:

Material resources are the physical objects that can be seen, touched, and used to perform a job or activity.

Examples to say :

• Tables
• Utensils
• Tools
• Notebooks
• Packaging
• Stoves

 4. Household Resources

Definition:

Household resources are the spaces, objects, and skills that already exist in the home and that can help a family meet a need.

Examples nearby :

• The kitchen
• The dining room
• The courtyard
• A free room
• Household Appliances
• Talents family

 5. Community Resources

Definition:

Community resources are the people, places, or external services that support families and help them meet their needs.

examples :

• Neighbors
• Shops
• Schools
• Churches
• Community centers
• Workshops, bakeries , grocery stores

 

Homework

Write 3 need that you can observe in your home

 

 

 

 

Summary

Resource type	What is it ?	Example
Humans	People	Family
Materials	Objects	Utensils
From home	What's at home	Kitchen
From the community	Support external	Neighbors