Economics storyboard

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Economics storyboard
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Storyboard-Text

  • Natural resources
  • Human resources
  • Explanation - Workers cutting down trees to be sold to a business, the wood is the natural resource Natural resources - items provided by nature that can be used to provide goods and services
  • Capital resources
  • Explanation - Workers beginning work on cutting down part of a forestHuman resources - the effort that the businessmen, the tree cutters, manufafcturers who made the furniture and the truck driver(s) used to do the job
  • Entrepreneurship
  • Explanation - A truck taking the wood to a furniture business so it can be cut and made into furniture, the truck, roads used and gas would be the capital resourcesCapital resources - materials used to create products and perform services
  • Explanation - The owner of a furniture business attempting to convince a customer to buy a couple chairsEntrepreneurship - someone who starts a business in hopes of making a profit, risking failure
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