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What are Economic Resources? - Definition, Types & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is the best explanation of economic resources?

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1. Which of the following is NOT a capital resource?

2. Which of the following is NOT a financial resource?

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About This Quiz & Worksheet

This quiz and worksheet combo will help you ensure your understanding of the various types of economic resources. You'll need to be able to identify different types of economic resources, including capital and financial resources.

Quiz & Worksheet Goals

Use these assessment tools to test your knowledge of:

  • The meaning of economic resources
  • Types of nonhuman resources
  • An example of a resource that is used for research and problem solving

Skills Practiced

  • Making connections - use understanding of the concept of economic resources in different contexts
  • Defining key concepts - ensure that you can accurately define economic resources
  • Knowledge application - use your knowledge to answer a question about financial resources

Additional Learning

To learn more about economic resources, have a look at the accompanying lesson titled, What are Economic Resources? - Definition, Types & Examples. The lesson covers the following topics:

  • Definition of economic resources
  • Definition of economy
  • Human and Nonhuman resources
  • Definitions of labor and management
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