Productive Resources & Capacity

A person who organizes resources to bring a new or better good or service to market in hopes of making a profit

• consumer

• producer

• entrepreneur

• resource

Human-made materials needed to produce goods and services

• Capital goods

• human resources

• natural resources

• entrepreneurship

Resources found in nature such as trees, soil, and water

• human resources

• capital resources

• natural resources

• manufactured goods

Talents and skills of entrepreneurs and skilled laborers that contribute to production of goods and services

• human resources

• capital goods

• natural resources

• entrepreneuship

Kyle opens a store selling sports gear and clothes for all of the local towns and their teams. Sort the following resources into the correct category.

Groups:

(a) Human Resources

,

(b) Capital Goods

,

(c) Natural Resources

• Manager

• Cotton

• Customers

• Cash Register

• Store Building

• Leather

• Employees

• Store Signs

• Rubber

In Canada massive forests, lumberjacks and paper mills support a strong paper industry. Which of the following in the example is a human resource?

• Massive Forests

• Lumberjacks

• Paper Mills

In Argentina fertile soil, farm workers, and tractors support a strong agriculture industry. Which of the following is an example of a capital good? 

• Fertile Soil

• Farm Workers

• Tractors

What are some capital goods that a carpenter would need in his business? Mark all that apply.

• hammer

• pots and pans

• saw

• tape measure

The soil is a natural resource. What type of resource would a tractor be?

• capital

• natural

• human

• entrepreneurial

Mr. Abrahams opens his dry cleaners. He is an example of ____.

• Capital Resource

• Human Resource

• Natural Resource

• Entrepreneurial Resource