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Published byRalph Crawford Modified over 9 years ago
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Bell Ringer Oct 30 th, 2008 1)What are the 5 F’s of agriculture? 2) If you were going build a house what resources (supplies and equipment) would you need? (List at least 8)
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Economic Resources
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What is economics? The study of how people buy and sell stuff.
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What is a resource? The equipment and supplies that we use to get things done.
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What are the different kind of resources? Natural Human Capital
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Natural Resources Gifts of nature used to produce goods and services
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Human Resources Physical and mental labor people use to produce goods and services.
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Human Resources
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Capital Resources Buildings, tools and machines used to produce goods and services
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Can you tell what resources are in these pictures?
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What resources does McDonalds use? Natural Human Capital
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What resourced would a hair salon use? Natural Human Capital
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