A cup is an example of what kind of resource?
Capital
Define a natural resource.
Things from nature that can be used to make a good or service.
A hairstylist provides a good.
FALSE. Hairstylists provide a service!
A friend asks you to help him paint a picture of his dog. Your help is an example of what type of resource?
Human Resource
The firefighter uses water to put out fires. What kind of resource is water?
Natural
Define a human resource.
The human worker that is needed to make a good or service.
Water that you drink after a soccer game is a natural resource.
TRUE! Even though you are a human, the water is from nature!
Name a producer and the good or service they produce.
Answers may vary.
What kind of resource is the man who comes to cut my grass?
Human
Things made by people (humans) that are used to make other goods or services.
Assembly lines can ONLY work if everyone has a job.
FALSE! If someone is missing, then someone else takes their job to continue the assembly line.
To make a class garden, we need some productive resources! Name a capital, natural and human resource we need for making a garden and/or the posters to tell the school about the garden.
Capital - shovel, gloves, watering can, markers, paper, tape, etc.
Natural- seeds, water, soil, sunlight
Human- kids to make the garden, kids to make the posters, teacher to help/watch the class.
I use flour to make bread. What kind of resource is flour?
Capital
A person who makes a good, sells a product or provides a service.
FALSE! Capital resources are only made by people/humans and used for other goods or services.
Give an example of specialization.
Answers vary.
Ex: -We are having a bake sale- my mom bakes the cupcakes, I put the icing on, and my brother puts them into the container.
-Butterfly poster
-Cookies in the class
Give one example of each of the three productive resources. You must give a correct example of all three to receive the points!
Answers may vary.
What are productive resources?
Any materials that are used to produce goods and services that people want.
An advantage of using an assembly line is that you can produce goods faster.
TRUE! Assembly lines make it easier and faster to produce a lot of goods.
If your class is making a class garden, how can you use specialization to complete the task more easily?
Make an assembly line! If every kid has a job to do, the garden can get done quicker. Each student will be focused on the job they have to do to complete the task.