Good economic wellbeing can include which of the following?

Study for the CAFS Core 1: Resource Management Test. Use flashcards and multiple choice questions, each with hints and explanations. Prepare efficiently for your exam!

Good economic wellbeing is closely linked to the availability of resources and opportunities that enhance an individual or family's financial stability and overall quality of life. Paid employment and equitable working conditions are fundamental components of economic wellbeing because they provide individuals with income, which is necessary for meeting basic needs such as housing, food, healthcare, and education. Moreover, stable and fair working conditions contribute to job satisfaction and security, which further enhances economic stability and promotes positive outcomes for families and communities.

When individuals have access to meaningful employment that pays fair wages, they are better positioned to achieve economic independence and participate fully in society. This employment not only supports personal financial obligations but also contributes to broader economic growth and social stability.

The other options, while valuable to overall wellbeing and quality of life, do not specifically address the economic aspect as directly as paid employment and equitable working conditions do. Strong family relationships, regular physical exercise, and identifying with cultural values contribute to emotional and social wellbeing, but they do not inherently provide the financial means that are critical for economic wellbeing.

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