economic factors.

Question 1

what can economic factors determine?

Answer 1

person and their familys lifestyle. positive or negative effect on health and wellbeing.

Question 2

what employment situations are there?

Answer 2

employed and unemployed.

Question 3

what can finances be affected by?

Answer 3

persons occupation, job role, job status, level of responsibility or expertise.

Question 4

who might someone be employmed by?

Answer 4

part time/ full time, self-employed/ working for a company/ other inderviudal.

Question 5

what might someone be unemployed?

Answer 5

not able to find work, made redundant, unable to work because of family commitments or a disability.

Question 6

what does financial reasources describe?

Answer 6

money and personal wealth that a person has at their disposal.

Question 7

what is income?

Answer 7

money that a person recieves at regular intervals such as a salary, pensions, allowences such as universal credit, carers allowence, income from investments.

Question 8

what is inheritance?

Answer 8

money or other assets such as property or jewellery that is left to a person after the death of another.

Question 9

what is savings?

Answer 9

money that is set aside, often in banks, to spend on something specific in the future.

Question 10

who lives in absolute poverty?

Answer 10

people with limited financial reasources without money to meet the basic needs.

Question 11

who lives in relative poverty?

Answer 11

people with reduced financial reasources and can only pay for basic needs.

Question 12

effects of economic factors on h & w- positive: physical health.

Answer 12

• higher income can result in good housing conditions.
• higher income can provide a healthier diet.

Question 13

effects of economic factors on h & w- negative: physical health.

Answer 13

• lack of income can lead to poor, damp housing that can result in lung conditions.
• being unable to affors ufficient food can lead to lack of essential nutrients, lead to ill health.

Question 14

effects of economic factors on h & w- positive: intellectual health.

Answer 14

• higher income results in more leisure time for intellectual activities.
• work, education or training helps to develop problem solving and thinking skills.

Question 15

effects of economic factors on h & w- negative: intellectual health.

Answer 15

• people work long hurs to improve financial position, less leisure time and reduced learnig opportunities.
• being unemployed can result in poor mental health.

Question 16

effects of economic factors on h & w- positive: emotional wellbeing.

Answer 16

• well paid job gives a feeling of security.
• being financially secure promotes positive slef-concept.

Question 17

effects of economic factors on h & w- negative: emotional wellbeing.

Answer 17

• financial worries can result in stress and breakdown of relationships.
• unemployment or low status work can lead to low self-concept.

Question 18

effects of economic factors on h & w- positive: social wellbeing.

Answer 18

• higher income provides more opportunities for socilising, travel and lesisure pursuits.
• work gives opportunitities for socilising with colleagues.

Question 19

effects of economic factors on h & w- negative: social wellbeing.

Answer 19

• lack of financial resources reduces opportunities for socilising.
• unemployment reduces opportunitites for relationships, leading to social isolation.