Virginia’s Economy Part 1

Vocab Review… Who remembers the definition of these words from earlier this year? Resource- Natural Resource- Capitol Resource- Human Resource- Good- Service- Product- Industry- Something you use. Resources found in nature Resources made by people People who do a job Objects that can be traded or bought Jobs performed by workers Items that can be purchased such as goods and services Businesses that produce or offer products

Virginia’s Agricultural Resources Virginia has good, fertile soil and a good climate for farming. This makes Virginia able to produce many agricultural products like crops and livestock. Virginia’s leading cash crops are: Soybeans Corn Tobacco Tomatoes Apples Peanuts Virginia’s leading livestock products are: Chickens Cows Milk Turkey Hogs *Livestock and livestock products are Virginia’s most profitable agricultural products.

Objects that can be traded or bought Resources found in nature Objects that can be traded or bought Items that can be purchased such as goods and services Resources made by people Jobs performed by workers Businesses that produce or offer products People who do a job

Soybeans Corn Tobacco Tomatoes Apples Peanuts Chickens Cows Milk Turkey Hogs