Productive Resources

Identify the productive resources

• Goods

• Wants

• Natural

• Capital

• Human

Which of the following are considered labor or human resources?

• Textbooks

• Computers

• Teaching

• Pizza delivery

Select the natural resources.

• Water

• lumber

• cheese

• trees

Identify the capital resources.

• Tractor

• Cow

• Farmer

• Irrigation system

Captial resources are

• found in nature.

• goods that are used to make other goods and services.

• the work that people do.

• found in Little Rock.

Labor is

• the work that people do.

• goods used to make other goods.

• gifts of nature.

Natural resources

• are goods that are used to make other goods.

• are the work that people do to create goods/services.

• are gifts of nature.

What's the difference between a natural resource and a capital resource?

• one occurs without human interference and the other is made by humans

• one is made by humans and the other can satisfy wants and needs.

• one is work that people do and the other occurs in nature.

• one occurs in nature and the other doesn't require any work to create

Milk from the farm cow and milk bought in the grocery store can both be considered natural resources.

• True because they are both gifts of nature

• False because milk from the store has been processed by humans.

Your mom cleaning your bathroom is considered labor.

• True because that's hard work!

• True because it takes a lot of effort.

• True because she's doing it FOR YOU.

• True because any effort to create a service is considered labor.