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Types of Resources

SOL 2.8 Economics - describe natural, human, and capital resources

TermDefinition
Natural resources Materials that come directly from nature.
Human resources People working to produce goods and services.
Capital resources Goods made by people and used to produce other goods and services.
Goods Things people make or use to satisfy people's needs and wants.
Services Activities that satisfy people's needs and wants.
Resources Any natural or human wealth that can be used for satisfying human needs.
Created by: vanauken
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