Vocabulary
This is a person who does a job.
human resource
Trees, soil, and sunlight are all examples of this.
natural resources
The government provides this for kids to learn.
public education
Food may cost more at a grocery store because of these extra costs.
transportation, building costs, labor costs
If you start a lemonade stand, you are this.
Entrepreneur
This is a person who starts a business.
entrepreneur
An oven used in a bakery is this type of resource.
capital resource
Is a haircut provided by the government? (Yes or No)
No
We get oranges from Florida because…
some products can't be grown or produced everywhere
Name one natural resource.
trees, oil, water, sunlight
These are tools and machines used to make goods.
capital resources
Water is an example of this type of resource.
natural resource
The government helps communities by providing these (roads, schools, police).
Farmers markets may be cheaper because…
At farmers markets they sell food directly to the customers. Less cost involved.
Name one capital resource.
tools, machines, buildings
These come from nature and are useful to people.
A teacher is an example of this type of resource.
human resource
Name one thing the government provides.
schools, roads, police etc...
Why are some goods imported?
They can't be made locally or they are cheaper elsewhere.
Explain the difference between natural, human, and capital resources.
Natural = from nature
Human = people/workers
Capital = tools/machines