Resource Market: Definition & Overview


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question 1 of 3

What is a resource market?

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1. Which one of the following is NOT a resource found in a resource market?

2. How are households and businesses related?

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About This Quiz & Worksheet

Use this quiz/worksheet to test your knowledge of resource markets. The quiz will challenge you to answer questions about what a resource market is and what types of resources are available.

Quiz & Worksheet Goals

The quiz/worksheet will ask questions about the following:

  • Labor
  • Capital
  • Land

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related business lesson
  • Defining key concepts - accurately define main phrases, such as resource market
  • Distinguishing differences - compare and contrast the various resource types

Additional Learning

For more information regarding this topic, check out the accompanying lesson titled Resource Market: Definition & Overview. It will help students meet the following objectives:

  • Define resource market
  • Identify types of resources
  • Differentiate between the types of resources
  • Learn who owns the resources that businesses use