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The family life cycle approach in resource management emphasizes:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Minimizing overall expenditure regardless of needs
2Buying maximum physical goods during youth
3Investing exclusively in long-term equity markets
4Managing resources according to changing needs at different stages of family life✓

Correct answer

Managing resources according to changing needs at different stages of family life

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