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Economics…Lesson 1:. Resources. Natural Resource: Resources that are found in the environment. Examples…. TREES. COAL. SUNLIGHT. 2 kinds of Natural Resources:. Renewable. 2) Non-Renewable. Renewable Resource. Resources that can be replenished naturally. Non-renewable Resource.
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Economics…Lesson 1: Resources
Natural Resource: Resources that are found in the environment. Examples….
2 kinds of Natural Resources: Renewable 2) Non-Renewable
Renewable Resource Resources that can be replenished naturally.
Non-renewable Resource Resources that can be depleted from the environment.
Renewable or Non-renewable
WIND Renewable
FORESTS Renewable
TOPSOIL N0N-Renewable
SCENIC BEAUTY N0N-Renewable
IRON ORE i N0N-Renewable
COTTON Renewable
COPPER ORE N0N-Renewable
COAL N0N-Renewable
FISH Renewable
OIL N0N-Renewable
DEER Renewable
SOLAR ENERGY Renewable
WOOL Renewable
GRAVEL N0N-Renewable
LABOR RESOURCE People who work. Physical Labor Resource: Person whose job is based more on using his/her body. Mental Labor Resource: Person whose job is based more on using his/her mind.
Physical Labor or Mental Labor?
TEACHER Mental Labor
P R I N C I P A L Mental Labor
Mental Labor SECRETARY
GYM COACH PHYSICAL Labor
c PHYSICAL Labor CUSTODIAN
SCHOOL NURSE Mental Labor
CAPITAL RESOURCE: Goods used to make other goods or provide a service.
What TYPE of RESOURCE: Natural, Labor, or Capital?
Medical CARE Labor Resource
An EDUCATION capital Resource
A CEMENT MIXER capital Resource
TELEPHONE REPAIR Labor Resource
GOURMET FOOD capital Resource
SOLAR ENERGY NATURAL Resource
WIND NATURAL Resource
TELEVISIONS capital Resource
FAST FOOD capital Resource
DENTISTRY Labor Resource
HOUSEHOLD WASTE REMOVAL Labor Resource
AUTOMOBILE REPAIR Labor Resource
LAW ENFORCEMENT Labor Resource
WATER NATURAL Resource
AN EIGHTEEN WHEEL TRUCK capital Resource