![]() ![]() ![]() Use a resource map of the state to locate examples of natural resources.Identify examples of natural resources, human resources, and capital goods, used in the production of a given product.Describe a situation that requires a choice, make a decision, and identify the opportunity cost.Choose a toy from a list of four toys and state what was given up.Explain why a choice must be made when given some land and a list of alternative uses for the land.Human resources are the quality and quantity of human effort directed toward producing goods and services.Īt the completion of first grade students might use this knowledge to do the following assignments.Natural resources, such as land, are "gifts of nature " they are present without human intervention.Productive resources are the natural resources, human resources, and capital goods available to make goods and services.The opportunity cost of a choice is the value of the best alternative given up.Whatever a choice is made something is given up.People’s choices about what goods and services to buy and consume determine how resources will be used.At the completion of first grade students should know that ![]()
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