Which of the following is a personal factor affecting resource management?

Study for the CAFS Year 11 Exam. Engage with flashcards, multiple choice questions, and detailed explanations. Prepare effectively for your test!

Personal factors affecting resource management encompass the individual beliefs, attitudes, and priorities that influence how resources are utilized and managed in daily life. Personal values are fundamental to this because they shape decision-making processes, guiding individuals on how to allocate their resources—be it time, money, or effort.

For instance, if someone highly values sustainability, they may choose to spend more on eco-friendly products or invest time in recycling, which directly impacts their resource management. Conversely, government regulations, socioeconomic status, and globalization trends tend to be external influences that affect broader populations or societal systems, rather than focusing on individual choices and values.

Thus, personal values are a crucial aspect of resource management from an individual perspective, as they determine how one prioritizes and uses their available resources.

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