Question | Answer |
What do we call materials that come from nature? | natural resources |
What do we call people working to produce goods and services? | human resources |
What do we call goods made by people and used to produce other goods and services? | capital resources |
What do we call people who use resources to make goods and/or provide services? | producers |
What are things that people make or use to satisfy needs and wants. | goods |
What are activities that satisfy people’s needs and wants? | services |
Water, wood, soil, and coal are examples of this kind of resources. | natural resource |
An example of a capital resource | tool |
An example of a natural resource | wind |
An example of a human resource. | carpenter |
Computers, paper, toys, and crayons are exaples of things people want or _________. | goods |
Computers, paper, toys, and crayons are examples of things people want or _________. | goods |
A haircut, a merry go round ride, and a manicure are examples of ____________ . | services |
What do we call the study of the production and distribution and consumption of goods?and services | economics |