| A | B |
|---|
| economic resources | anything used to produce goods and services |
| natural resource | things that come from the air, water or earth |
| capital resource | all the items other than natural resources that are used to produce goods and services |
| human resource | people who contribute physical and mental energy to the production process |
| scarcity | lack of something |
| labor | physical and mental energy contributed to the production process |
| labor force | all people 16 years old or older who are working or actively seeking jobs |
| education | plays a valuable role in distribution of information |
| oil | example of a natural resources |
| oil rig | example of a capital resource |
| gold | example of a natural resource |
| tree | example of natural resource |
| chain saw | example of a capital resource |
| engineer on an oil rig | human resource |
| computer | capital resource |
| teacher | human resource |
| money | capital resource |
| coal miner | human resource |
| factory building | capital resource |
