This poster is consisted of in the Original KidsEcon Posters set (Product Code: KEP-103)

Like this web page or desire to use this photo in your class?

You have the right to support the development of products like these by notified a physical poster as component of the The initial 22 Poster collection from the Education store or make a donation come ICEE to assistance programs because that K-12 teachers and also students.

You are watching: Capital resources examples

← ahead Poster | All | Next Poster →


Capital resources are products produced and also used to make other goods and services. Straightforward categories of funding resources include tools, equipment, buildings, and also machinery. However, any an excellent used through a business to produce other goods and services is classified together a resources resource, including mundane items such as shipping boxes, invoice forms, pens, or record cabinets.

Goods can often be classified as either customer goods or funding goods. For example, when a human being buys a van for personal use, the truck is a consumer good. Once a organization buys a van to transport products, the van is thought about a resources good.

The crucial to economic growth and also rising standards of living is increasing productivity. More than likely the most important method for a country to rise productivity is through the acquisition and technological improvement of funding resources. However, in order come invest in extr capital resources, nations (including businesses and also individuals) need to forgo current usage of consumer goods and services. Invest in resources resources may mean less existing consumption, however it means more goods and also services in the future.

Economists have likewise coined another useful hatchet – human capital. Human funding refers come the top quality of human being resources, which have the right to be improved through invest in education, training, and also health. As with regular capital resources, investments in human funding increase worker productivity.


Understanding

Draw pictures of funding resources supplied to produce certain goods or services. Make a bulletin plank of the drawings entitled, “People Use capital Resources To develop Goods and Services.”

Bring examples of funding resources to the classroom. Comment on how lock are offered in production.

Make a timeline, v drawings, mirroring how capital resources have changed over time. Because that example, show the development of farming tools and machinery.

Make items out the modeling clay, using pencils, rulers, paper clips, etc. As the “capital resources.”

Applying

Invite a labor or business representative come share which funding resources they use and how this has actually changed.

Analyzing

Give examples of how human being improve your human capital (e.g. An athlete trains diligently, world go to university or technical institution to acquire skills).

Creating

Create and also draw a manufacturing facility production process. Perform all the capital resources displayed in the drawing.

See more: Took 2 P I Accidentally Took 2 Birth Control Pills In One Day And Skipped The

Evaluating

Debate this topic: “Which is more important, investing in resources resources together as devices or machinery, or investing in human capital, such together education and training?”


Related Lessons

Herschel’s world of business economics DVD

Lesson 3: productive Resources

Half-Pint Economics

Capital Resources
CEE Affiliation

The Indiana council for financial Education is one affiliate of

*


Our Mission

The mission of the ICEE is come prepare students come become energetic citizens and productive members that our economic climate by offering them through the ability to make sound financial decisions.