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Grade 3 Social Studies · World 9: Making It, Trading It · Level 65
Capital Resources
Find capital goods: tools, machines, and buildings used to make other goods.
Warm-up, learn, try it together, practice, then a quick check. About 15 minutes.
What children learn in Level 65
- The carpenter needs one more thing to make the chair: tools! A saw, a hammer, and a workshop to work in.
- Capital goods are tools, machines, and buildings used to make other goods. They're called capital resources.
- Capital goods aren't used up like wood. The carpenter uses the same saw to make chair after chair.
- Look at a loaf of bread: wheat and water are natural resources, the baker is a human resource, and the oven and bakery are capital resources.
Georgia Standards of Excellence in Social Studies:
- SS3E1.c — Capital (capital goods)