Economics
2.8 The student will describe natural resources (water, soil, wood, and coal), human resources (people at work), and capital resources (machines, tools, and buildings).
2.9 The student will distinguish between the use of barter and the use of money in the exchange for goods and services.
2.10 The student will explain that scarcity (limited resources) requires people to make choices about producing and consuming goods and services.
2.9 The student will distinguish between the use of barter and the use of money in the exchange for goods and services.
2.10 The student will explain that scarcity (limited resources) requires people to make choices about producing and consuming goods and services.