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.
In this economics lesson, students will research natural resources and illustrate how they are used to provide goods and services.
Key Concepts: Goods and Services, Productive Resources
In this personal finance lesson, students will analyze the cost of owning a car and decide what they can afford.
Key Concepts: Decision Making/Cost-Benefit Analysis, Goods and Services
In this economics lesson, students will use real world examples to learn about goods and services.
Key Concepts: Goods and Services
In this personal finance lesson, students will practice making budgeting decisions for a young family.
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis