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Resources and Production Vocabulary Review
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What are the three types of productive resources?
capital, natural, human
What is one human resource used to make cupcakes?
farmer, baker
What is one capital resource used to make cupcakes?
bowl, spoon, mixer, stove, cupcake pan
What is one natural resource used to make cupcakes?
flour, sugar, vanilla, eggs, milk
What kind of productive resource is water?
natural resource
What kind of productive resource is a hammer?
Capital resource
What kind of productive resource is a doctor?
human resource
True or False A division of labor is when one person does all the work.
False, a division of labor is when the work is divided up and each person has a special part to do.
When many workers do their part to produce something it's called: 1. assembly line or 2. productive resources
assembly line
What are the workers called that are needed to make goods?
Human resources
True or False Productive resources are the things that are used to make goods or services.
True
What is a capital resource?
Things made by people that are used to make other goods or services.
True or False Someone who makes something is a producer.
True
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