Question

what is the economic function of the family

Answer 1

Answer:

The economic functions of a family are important for society. Family units make up the institutions that run society. Without family, a weak economic unit would be left with no stability or dependancy. The family is important so that there are available members to produce and distribute goods and services.

Answer 2

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Forests offer us a huge variety of financial and social advantages. The economic benefits are as follows:

• Processing of forest products such as woods, fruits, flowers etc help to develop the economic status of a country.

• Some plants have medicinal value, which helps in developing pharmaceutical sectors which results in the development of the economy.

• Forest can be a part of the wildlife conservation strategy. Biosphere reserve, sanctuaries can be made which will help in conservation of endangered plants and animals as well as it can serve as a tourist spot that serves the economy of a country and scope of employment will also increase which will help to develop the economy as well.