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Different Types of Economic Resources
Different Types of Economic Resources0Countries use three types of economic resources ? natural resources, labor, and capital.

Natural resources come from nature, like land, water, and minerals. Labor is what humans provide, such as expertise and skills. Capital resources include money, machinery, factories, and tools. All these resources are crucial for economic growth.

South Korea, for example, has few natural resources but is rich in skilled human resources.

Amelia Moon
Staff Reporter
kids/1717400470/1613368225
 
인쇄기능입니다.
1. Where do natural resources come from? What is labor?
2. What resources are crucial for economic growth? What kind of resources does South Korea have?
 
1. Do you think natural resources are important? Explain.
2. What are some ways that countries can achieve economic growth? Explain.
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