Resources
Resources: * Tree * Water * Soil
What is a natural resource?
Coins, paper bills, checks used in exchange for goods and services
What is money?
A person who makes goods or provides services
What is a producer?
Resources: *barber * firefighter * teacher
What is a human resource?
The exchange of goods and services without the use of money
What is barter?
A person who uses goods and services
What is a consumer?
Resources: *hammer * computer * dump truck
What is a capital resource?
Exchanging $2.00 for milk
What is using money?
Shoppers at a farmer's market
A person hangs a sign up advertising dog walking is an example of what type of resource
What is a human resource?
Exchanging lawn mowing for fresh garden vegetables
What is bartering?
Choosing to save your money instead of buying a toy
What is economic choice?
Why do buildings today look different than buildings long ago
What is having different resources than past builders?
Group of people who traded furs for metal pots, knives and cloth.
Who are American Indians?
Not being able to meet all wants at the same time because resources are limited
What is scarcity?