Shared Flashcard Set

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Economic Resources
N/A
5
Business
7th Grade
09/07/2012

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Term

Economic Resources

Definition

 

the means through which goods an services are produced

Term
 Natural Resources
Definition
 Raw materials supplied by nature (like oil and minerals)
Term
 Human Resources
Definition

 People producing goods and services

(like employees, or farmers)

Term
Capital Resources
Definition

 The products and money used in the production of goods and services

(like buildings and equipment, and the money used to buy them)

Term

Resources are __________.

(they only have so much and can't be renewed.)

Definition
 Limited
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