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4th Grade Social Studies Ch. 1: Lesson 2-4
3rd Grade Economics VocabularyNatural Resources Scarcity Opportunity Cost Region Renewable Resources Economy Non-Renewable Resources Specialization Capital Resources Conservation Human Resources
What do we call the system people use to produce goods and services?_______________________________
What do we call the things we use every day that come from nature such as water, gasoline, iron, air, and wood? ______________________________
What do we call the protection and wise use of natural resources?__________________________
What do we call resources that can be replaced or renewed such as wood from trees and fisheries?_______________________
What do we call an area that has one or more features in common?___________________________
What do we call resources in nature that cannot be replaced such as oil, iron ore, and copper?___________________________
What do we call what happens when people make the goods they are best able to produce with the resources they have? _________________
What do we call a person and the skills he or she brings to a job?________________________
What do we call a tool, machine, or building that people use to produce goods and services?__________________________
What do we call the thing you give up when you decide to do or have something else?_____________________________________
What do we call not having as much of something as people would like?_______________________
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