Studies Weekly Week 25: Resources

What is an example of an event caused by limited resources?

• Your mom forgot to by your favorite cereal at the store.

• The price of blue berries goes down because the weather was perfect for growing.

• A drought destroyed and orange crop so the price of orange juice has gone up

• You can't go on a picnic today because it is raining

Choose the natural resource listed that is RENEWABLE

• Trees

• Oil

• natural gas

• batteries

Choose the natural resource that is NONRENEWABLE

• trees

• oil

• water

• cars

Which of the following is a CAPITAL RESOURCE?

• tools

• crops

• water

• coal

Businesses owned by people are considered ________.

• private goods

• private enterprise

• public goods

• public service

Match the definition with the correct activity:

Economic activity that creates goods in factories

• agriculture

• industry

• manufacturing

• tourism

Match the definition with the correct activity:

The business of using raw materials to make products or goods to sell

• agriculture

• industry

• manufacturing

• tourism

Match the definition with the correct activity:

The business of encouraging people to travel for fun

• agriculture

• industry

• manufacturing

• tourism

Match the definition with the correct activity:

The business of growing crops and raising livestock.

• agriculture

• industry

• manufacturing

• tourism

Services provided by the government are known as ________.

• Renewable goods and services

• Nonrenewable goods and services

• Private goods and services

• Public goods and services