Tool Box Unit Part 8 – Resources & Economic Activities

Resources Capital - $$$$$ Human - People! (Brain Power & Labor) Natural –renewable –non-renewable

Capital

Human

Natural Resources Renewable –Soil, water, air, sunlight, trees….. –Can be replaced in a relatively short time Non-Renewable –Fossil fuels, gold, iron….. –Cannot be replaced by nature

Question 1 Air, water, sunlight….A)Capital B)Human Resource C)Renewable Resource D)Non-renewable resource

Question 2 Brain power, physical labor A)Capital B)Human Resource C)Renewable Resource D)Non-renewable resource

Question 3 Gold, coal, oil…. A)Capital B)Human Resource C)Renewable Resource D)Non-renewable resource

Question 4 Money used to build or invest. A)Capital B)Human Resource C)Renewable Resource D)Non-renewable resource

Energy Sources Fossil Fuels Nuclear Water Geothermal Solar Wind All have some positives, and some negatives

Fossil Fuels coal, oil, natural gas (formed millions of years ago) Relatively easy to get Not distributed evenly around the world Causes pollution as it burns Non-renewable

Nuclear Uses uranium – limited and non- renewable Creates A LOT of power for the amount of uranium used Relatively CLEAN power, except for nuclear waste……

Water Hydro power – uses the power of falling water Renewable Clean You have to live by moving water…..

Geothermal Geo – earth Thermal – Heat Geothermal = Heat from the Earth! Renewable Expensive

Solar Using energy from the Sun Renewable Expensive to get started Need to live in the right places

Wind Using windmills to harness wind power Renewable Expensive to get started Need to live in the right places

Question 5 Produced by splitting uranium atoms. a) Fossil Fuels b) Nuclear c) Water d) Geothermal e) Solar f) Wind

Question 6 Using the earth’s heata) Fossil Fuels b) Nuclear c) Water d) Geothermal e) Solar f) Wind

Question 7 Coal, Oil, Natural gas… a) Fossil Fuels b) Nuclear c) Water d) Geothermal e) Solar f) Wind

Question 8 Energy from the Suna) Fossil Fuels b) Nuclear c) Water d) Geothermal e) Solar f) Wind

Question 9 Turbines use this renewable resource. a) Fossil Fuels b) Nuclear c) Water d) Geothermal e) Solar f) Wind

Question 10 Renewable resource that uses the power of flowing rivers, etc. a) Fossil Fuels b) Nuclear c) Water d) Geothermal e) Solar f) Wind

Economic Activities Primary Secondary Tertiary Quaternary

Primary Touches the raw resources Farming Mining Logging Fishing

Secondary Uses the raw resource to make something with more value Cabinet Maker –Takes trees and makes a new product Cannery Worker –Takes fish and processes and cans it Baker –Takes grain and makes bread

Tertiary & Quaternary Third and Fourth Level Activities Tertiary – –Don’t directly gather or process raw materials –Service activities – lawyers doctors, salespeople, truck drivers, firefighters…. Quaternary –Acquisition, processing and sharing of information –Government, research, education

Question 11 Activity dealing with the acquisition of information a)Primary b)Secondary c)Tertiary d)Quaternary

Question 12 Activity that takes a raw resource and turns it into a value added product a)Primary b)Secondary c)Tertiary d)Quaternary

Question 13 Activity that deals with a raw resource a)Primary b)Secondary c)Tertiary d)Quaternary

Question 14 Service industries, like truck drivers, store clerks…. a)Primary b)Secondary c)Tertiary d)Quaternary

Global Trade Patterns Exports –Goods you sell to other countries (e = export) Imports –Goods you buy from other countries (I = import) Trade Balance –Keeping the amount you buy and sell equal Trade Routes

Level of Development GDP Modern Industrial (Developed) Underdeveloped Developing

Gross Domestic Product GDP –Gross Domestic Product –How much a country produces per person –A higher GDP is indicative of a higher standard of living

Modern Industrial (Developed) USA, Japan, England….. Good education Good Healthcare Good Communication High Standard of Living Technology Commercial Industry

Underdeveloped Many countries in Africa Low GDP Low Development Limited access to healthcare, communication Subsistence Farming <>

Developing……. Somewhere on the scale between developed and undeveloped…..

Income Blue = high Green = upper middle class Purple = lower middle Red = low

Economies Blue = advanced economies Yellow = emerging and developing Red =underdeveloped

Markets Pink = developed markets Blue = emerging markets

Question 15 Good sold TO other countries a)GDP b)Modern Industrial c)Developing d)Underdeveloped e)Trade balance f)Import g)export

Question 16 A nation that does not have the standard of living of a modern industrial country, but is moving forward building industries, etc. a)GDP b)Modern Industrial c)Developing d)Underdeveloped e)Trade balance f)Import g)export

Question 17 A country with a lot of subsistence farming, poverty, lack of education and health care. a)GDP b)Modern Industrial c)Developing d)Underdeveloped e)Trade balance f)Import g)export

Question 18 Goods purchased from other countries a)GDP b)Modern Industrial c)Developing d)Underdeveloped e)Trade balance f)Import g)export

Question 19 A measure of the value of all the “stuff” produced by a country. a)GDP b)Modern Industrial c)Developing d)Underdeveloped e)Trade balance f)Import g)export

Question 20 A nation like the US or Japan – high standard of living, lots of industry, good resources, and infrastructure a)GDP b)Modern Industrial c)Developing d)Underdeveloped e)Trade balance f)Import g)export

Question 21 Keeping your imports and exports equal a)GDP b)Modern Industrial c)Developing d)Underdeveloped e)Trade balance f)Import g)export

The End