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This is a basic video that does a really good job of giving a good overview of the three main aspects of productive resources. This video also gives really good examples of each to get the students' creative brains flowing to complete the rest of the lesson activities.

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Human, Capital & Natural Resources for Kids | Types of Resources | Kids Academy

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Productive Resources Cut and Glue Activity 

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Productive Resources Cut and Glue Activity 

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The students will use this graphic organizer to cut and paste the images into the right column they belong to. After the students have completed it, the teacher could recreate this on the board and go over it with the class as a whole to ensure the students fully grasp which resource goes in each category.

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This activity would be fun to do with table groups. The teacher will have folders with pictures and words cut out that the students will label and sort with all the materials and words that go along with the businesses in the photos. They include words that go along with the productive resources of the businesses and also include words that do not belong, so this is a good challenge for the students to work on as a group to decide which ones match and which ones do not.

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Categories of Productive Resources Activity

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Categories of Productive Resources Activity

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This activity provides images of products and requires the students to list the natural, capital, and Human Resources that were used to make the products. This activity is good to tap into a more depth thinking because it requires them to work backwards, in a sense, to name the specific materials, rather than simply putting the products into categories.

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This would be a fun activity for the students to use their creativity with. The students will create a a chart with the three different types of productive resources and draw pictures to go along with each and write on the back why each of those are either a natural, capital, or human recourse and why.

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SS3E1 Define and give examples of the four types of productive resources. a. Natural … | Capital resources, Natural resources anchor chart, 3rd grade social studies

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Mar 30, 2018 - The article talks about the oil and gas plant owned by Canadian Natural Resources Ltd. and other management groups, as they are making decisions based upon profits that involves this plant. One of...

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This is a fun way for them to apply what they have learned about creating a business. This allows the students to create any product they want and plan out all the materials and resources that go into the product. This is a good way to allow the students to be creative and to also show the teacher If they understand entrepreneurship and the aspects involved in it.

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Although this is very similar to the other activities, I think this one would be fun for the students to complete in partners because it gives options to pick a lemonade stand or ice cream truck and requires more detailed descriptions. I also really like this one because it requires the students to create prices for their products, which helps students understand the money making aspect of creating a business as well.

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This is a great video to have the students make a deeper connection to the standard of entrepreneurship. I think the students will really enjoy seeing a young person starting their own business and give them inspiration. This video also shows the many aspects that go into starting a business, so you could pause the video at various points and talk about the resources used to make the product, as well as the actual aspects of a company.

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14-Year-Old CEO Has Sold $6 Million Of CANDY!

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This is a fun activity to complete the lesson because it requires the students to combine all the aspects of economics that were learned in the unit into one final product. I really liked this assignment because the students can only use paper and resources in the classroom so it doesn't cost them any money and requires them to fully use their imagination. This would be fun to turn the classroom into a market and have them present their items to the class explaining the resources used and connecting it to the topics covered.

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Interactive Minecraft Education Team Project

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Interactive Minecraft Education Team Project

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This is a group based project that would be so much fun for the students because it uses the platform of a popular video game, Minecraft. This assignment also has handouts that go along with it to guide students on the building of a house. The handout asks questions that prompt students to think about the economic side of building a house and also keeps them interested by being able to build it through a video game based platform.

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EconEdLink - Learning Economics with Minecraft: Productive Resources

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Economies depend on the availability of resources. This lesson introduces the concept of productive resources to students through discussion. Students learn how the use of natural, human, and capital resources impacts outcomes while building houses in Minecraft. This lesson is also posted on Minecraft Education's website of lesson plans.