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Productive Resources Video and Quiz
Source: Council for Economic Education (EconEdLink) | Type: Interactive Tool
This video teaches the concept of Productive Resources. Productive resources are used to produce goods and services and are classified into four categories: land, labor, capital, and entrepreneurship.
Grades:
Concepts:
- Capital
- Entrepreneurship
- Human Capital
- Human Resources
- Labor
- Natural Resources
- Opportunity Cost
- Productive Resources
- Scarcity
Standards:
- Economics 1: Scarcity
- Economics 2: Marginal Cost/Benefit
- Economics 15: Growth
Related Resources:
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