Identify examples of natural resources, human resources, and capital goods, used in the production of a given product. Use a resource map of this state to locate examples of natural resources. Human resources are the quantity and quality of human effort directed toward producing goods and services. Draw pictures representing themselves as workers. Also, identify examples of human resources used in the production of education at their school.
Capital goods are goods that are produced and used to make other goods and services.
Draw a picture representing a capital good used at school. Also, identify examples of capital goods used to produce a good or service in their community. Human capital refers to the quality of labor resources, which can be improved through investments in education, training, and health. Give examples of how to improve their human capital. Explain how an athlete invests in his or her human capital.