| A | B |
|---|
| Economic Resources | Resources that could be used to produce or create goods and services |
| Factors of Production | Resources you use to produce something |
| Natural Resources | Things that come from the air, water, and earth |
| Capital Resources | All the items other natural resources that are used to produce goods and services |
| Scarcity | Lack of something that can be used for a group |
| Nonrenewable Resource | Resources that cannot be renewed |
| Renewable Resource | Resources that renew themselves |
| Human Resource | People who contribute physical and mental energy to the production process |
| Labor | Another word for Human Resource |
| Labor Force | Anyone 16 or older in a job or looking for one |
