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Economic Resource

Total questions: 23

Worksheet time: 23mins

Name
Class
Date
1.

What are the 3 types of Economic Resources?

a)

Clothing, Food and Water

b)

Natural, Capital, and Human

c)

Goods, Services, and Money

2.

Water, Wood, Oil and rocks are all examples of what type of resource?

a)

Natural

b)

Capital

c)

Human

3.

Teachers, Farmers, and Builders are all examples of what type of resource?

a)

Natural

b)

Human

c)

Capital

4.

Tools, Money, Buildings, and Vehicles are all examples of what type of resource?

a)

Human

b)

Natural

c)

Capital

5.

What is an example of a Natural Resource?

a)

Hammer

b)

Oil

c)

Teacher

d)

Money

6.

What is an example of a Capital Resource?

a)

Car

b)

Construction Worker

c)

Water

d)

Rocks and Minerals

7.

What is an example of a Human Resource?

a)

Water

b)

Money

c)

Truck

d)

Doctor

8.

What kind of resource is this?

a)

Human Resource

b)

Capital Resource

c)

Natural Resource

9.

What kind of resource is this?

a)

Human Resource

b)

Capital Resource

c)

Natural Resource

10.

What kind of resource is this?

a)

Human Resource

b)

Capital Resource

c)

Natural Resource

11.

What kind of resource is this?

a)

Human Resource

b)

Capital Resource

c)

Natural Resource

12.

What kind of resource is this?

a)

Human Resource

b)

Capital Resource

c)

Natural Resource

13.

What kind of resource is this?

a)

Human Resource

b)

Capital Resource

c)

Natural Resource

14.

What is a Natural Resource?

a)

Anything that occurs naturally in the land sea or air

b)

Goods made by people that are used to make other goods.

c)

The people who do the work or labor.

d)

The money that we use to buy things.

15.

What is a Capital Resource?

a)

The people who do the work or labor.

b)

The money that we use to buy things.

c)

Things we can get from nature.

d)

Man made goods used to produce other goods.

16.

What is a Human Resource?

a)

Goods made by people that are used to make other goods.

b)

Things we can get from nature.

c)

The people who contribute to the production process

d)

The money that we use to buy things.

17.

What is another name for natural resource?

a)

Land

b)

Labour

c)

Capital

d)

Entrepreneurship

18.

What is a renewable resource?

a)

Natural resources that will not regenerate or replenish naturally within a reasonable time-frame.

b)

Natural resources that regenerate of their own accord within a reasonable time frame.

c)

Man made goods

d)

An individual who creates a new business, bearing most of the risks and enjoying most of the rewards.

19.

What is a non- renewable resource?

a)

Natural resources that will not regenerate or replenish naturally within a reasonable time-frame.

b)

Natural resources that regenerate of their own accord within a reasonable time frame.

c)

Man made goods

d)

An individual who creates a new business, bearing most of the risks and enjoying most of the rewards.

20.

Coal, Oil, Gold, Natural Gas, and fossil fuels are all examples of

a)

Non-renewable resource

b)

Renewable resource

c)

Capital resource

d)

Human resource

21.

Pine Tree, Wool, Water, Wind, Sun are all examples of

a)

Non-renewable resource

b)

Renewable resource

c)

Capital resource

d)

Human resource

22.

What is sustainable resource use?

a)

When we do not use resources at all

b)

When we use resources for our own wants and needs however we want to

c)

When resources are used in such a way to ensure they are available to meet the needs of future generations.

23.

What is another name for human resource?

a)

Land

b)

Labour

c)

Capital