Resource Quiz

Which of the following is an example of a renewable resource?

• Coal

• Solar energy

• Natural gas

• Uranium

What is a nonrenewable resource?

• A resource that can be used repeatedly and does not run out because it is naturally replaced.

• A resource that has an unlimited supply and can be used forever.

• A resource that cannot be replaced once it is used up.

• A resource that increases in quantity over time without human intervention.

Scarcity can best be described as:

• The abundance of resources that are difficult to obtain.

• The limited nature of society's resources.

• The unlimited wants and needs of a society.

• The overproduction of goods and services.

Which of the following is an example of human resources?

• Factories

• Computers

• Teachers

• Oil

Capital resources include:

• Money only.

• Buildings, tools, and machines.

• Natural resources like water and minerals.

• Skills and knowledge of workers.

Which of the following is a characteristic of renewable resources?

• They can be regenerated quickly.

• They exist in unlimited quantities.

• They are primarily fossil fuels.

• They take millions of years to form.

Human resources refer to:

• The natural talents people are born with.

• The physical labor people provide.

• The skills, knowledge, and labor provided by people.

• The population size of a country.

Which of the following best defines capital resources?

• Investments in stock markets.

• Natural resources used to produce goods.

• The tools, equipment, and buildings used in production.

• The financial resources needed to start a business.

Scarcity requires that people:

• Ignore their needs and focus on their wants.

• Make choices about how to use resources.

• Use resources as quickly as possible.

• Focus solely on conserving resources.

Human resources differ from other resources because they:

• Are not necessary for production.

• Can think, make decisions, and have creative ideas.

• Are unlimited in supply.

• Do not require any investment.