70 likes | 397 Views
Productive Resources . Ms. Coker 7 th Grades Social Studies. Productive Resources Intro Video. http://www.youtube.com/watch?v=PYAFHBTt4M. What are productive resources? . Productive resources are the resources used to produce goods and services. . 3 Types of Productive Resources.
E N D
Productive Resources Ms. Coker 7th Grades Social Studies
Productive Resources Intro Video http://www.youtube.com/watch?v=PYAFHBTt4M
What are productive resources? Productive resources are the resources used to produce goods and services.
3 Types of Productive Resources 1. Human 2. Capital 3. Natural
Human Resources Definition: Work or labor done by humans to make a good or service. Examples: • Teacher • Carpenter • Cashier
Capital Resources Definition: Tools, land, and technology people use to make other goods and services. Examples: • Hammer • Computer • Cash register
Natural Resources Definition: Raw materials used to make products – “gifts of nature.” Examples: • Trees • Oil • Water