Economics

Sort the resources.

Groups:

(a) Natural Resources

,

(b) Human Resources

,

(c) Capital Resources

• corn

• teacher

• tractor

• waitress

• barn

• tree

• factory

• doctor

• hammer

• air

• soil

• farmer

• cook

• truck

• water

Which word should go in the empty bubble?

• natural resources

• human resources

• capital resources

• monster resources

Which is a human resource?

• monkey

• bookstore

• magazine

• farmer

What is the natural resource in the picture?

• farmer

• tractor

• soil

• wheels

What is the capital resource in the picture?

• cloud

• tractor

• farmer

• soil

People working to produce goods and services are __________.

• robot resources

• natural resoources

• capital resources

• human resources

Materials that come from nature are called __________.

• human resources

• natural resources

• robot resources

• capital resources

Because resources, goods, and services are scarce, people must make _______________.

• poor choices

• economic costs

• opportunity costs

• economic choices

There are 20 kids in a classroom but only 2 cookies to go around. This is an example of ____________.

• barter

• scarcity

• opportunity cost

• economic choice

This chef is a ___________

• producer

• consumer

• capital resource

• natural resource