17.1 The Australian economy- an introduction

Resources can be considered limited but our ______ and ______ are virtually unlimited.

(a)  

A recent study showed that Apple, Coca- Cola, Nike, McDonalds and Adidas were all...

• Australia's most successful businesses

• Favourite brands among teenagers

• Facilitating sweatshops

• All owned by the same company

What portion of secondary students have a part-time job?

• 1/4

• 1/2

• 1/3

• 1/5

Vidoe games have become a popular (a)   tool to reach teenagers

Resources can be placed into three main categories

• Natural, labour and capital

• Large, small and natural

• Free, cost and labour

• Capital, labour and unatural

Milk is an example of a __________ resource.

• Capital

• Natural

• Labour

• Goods

Factories and buildings are examples of a ___________ resource.

• Labout

• Capital

• Natural

• Wants

Bakers are and example of a ____________ resource.

• Labour

• Capital

• Required

• Natural

_______ resources are resources that come from nature, from above or below the ground.

• Capital

• Natural

• Labour

______ resources are resources that ar the intellectual or physical skills of a worker that are needed to make a goods or service.

• Capital

• Natural

• Labour