Economic Resources Quiz

What are natural resources?

• Trees, natural gas, water, coal, oil

• Physicians, lawyers, teachers, receptionists

• Ovens, computers, tractors, blenders

• Buildings, tools, and equipment

What are human resources?

• Trees, natural gas, water, coal, oil

• Physicians, lawyers, teachers, receptionists

• Ovens, computers, tractors, blenders

• Buildings, tools, and equipment

What are capital resources?

• Trees, natural gas, water, coal, oil

• Physicians, lawyers, teachers, receptionists

• Ovens, computers, tractors, blenders

• Buildings, tools, and equipment

What is scarcity?

• Trees, natural gas, water, coal, oil

• Physicians, lawyers, teachers, receptionists

• Ovens, computers, tractors, blenders

• Limited supply of resources meeting unlimited wants

Which resource is needed to produce all goods and services?

• Natural Resources

• Labor Resources

• Human Resources

• Capital Resources

What are the economic resources

• Human and natural

• Investment, robot and natural

• Capital, human and natural

• Natural, Human and Investment