Scarcity
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Scarcity PowerPoint PPT Presentation


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Scarcity. I can explain the nature of limited resources and scarcity. . p roductive resources. The resources that help us produce goods and services. n atural r esources. “Gifts from nature” like land, water, trees, etc. c apitol resources.

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Scarcity

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Scarcity

I can explain the nature of limited resources and scarcity.


productive resources

  • The resources that help us produce goods and services


natural resources

  • “Gifts from nature” like land, water, trees, etc.


capitol resources

  • Goods that are produced and used to make other goods and services.


human resources

  • Human effort used to make goods and services.


Natural Resources

Capitol Resources

Human Resources


How does profit motivate people/businesses?


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