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3.8 Resources
Social Studies
| Term | Definition |
|---|---|
| Natural Resource | materials (e.g., water, soil, coal, wood) that come directly from nature |
| Capital Resource | good (e.g., machines, tool, buildings) made by people and used to produce other goods and services |
| Human Resource | people working to produce goods and services |
| Goods | things people make or use to satisfy wants |
| Services | activities that satisfy peoples' wants |