Resources and Trade — Answer Key
Part A: Fix the Sentence
Each sentence has an error. Rewrite it correctly on the line.
1. Fix the sentence:
A teacher is an example of a capital resource because teachers use tools.
Corrected: A teacher is an example of a human resource because teachers are people who provide skills and labor.
The corrected sentence is: "A teacher is an example of a human resource because teachers are people who provide skills and labor.". The original sentence "A teacher is an example of a capital resource because teachers use tools." contained an error that needed to be fixed.
2. Fix the sentence:
A factory machine is a natural resource found in the environment.
Corrected: A factory machine is a capital resource because it is a tool made by people to produce goods.
The corrected sentence is: "A factory machine is a capital resource because it is a tool made by people to produce goods.". The original sentence "A factory machine is a natural resource found in the environment." contained an error that needed to be fixed.
3. Fix the sentence:
Water is a capital resource because it is used in factories.
Corrected: Water is a natural resource because it comes from nature.
The corrected sentence is: "Water is a natural resource because it comes from nature.". The original sentence "Water is a capital resource because it is used in factories." contained an error that needed to be fixed.
Part B: Fill in the Blank
Write the missing word or number on each line.
1. Trees, water, and minerals are examples of natural resources.
Natural resources come from nature and include water, forests, minerals, and soil.
2. Workers and their skills are called human resources.
Human resources refer to the people who work and the skills, knowledge, and labor they provide.
3. Tools, machines, and buildings used to make goods are capital resources.
Capital resources are manufactured items (machines, tools, factories) used to produce goods and services.
4. Soil is a natural resource that farmers use to grow crops.
Soil is a natural resource found in nature and essential for agriculture.
Part C: Short Answer
Answer each question in one or two complete sentences.
1. What is the difference between a natural resource and a capital resource?
Sample answer: A natural resource comes from nature, like water or trees. A capital resource is made by people, like machines or buildings, and is used to produce goods.
Natural resources exist in nature; capital resources are human-made tools used in production.
2. Give an example of a human resource and explain why it is important.
Sample answer: A farmer is a human resource. Farmers use their skills and labor to grow food that people need to eat.
Human resources include any worker whose skills and labor contribute to producing goods or services.