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Intro to Business: Economic Resources Lesson
🎓 Intro to Business: Economic Resources | Full Lecture Video (Unit 11)
Welcome to Kloeker’s Education Foundation, where we provide quality content for amazing teachers. In this video, we dive into the three main types of economic resources—natural, human, and capital—and explore how businesses use them, why they’re limited, and what companies do when shortages strike.
🧠 What You’ll Learn in This Lesson:
What economic resources are and how they fuel production
The difference between natural, human, and capital resources
Real-world examples from farming, trucking, real estate, and manufacturing
Why resources are limited (nonrenewables, labor shortages, infrastructure, tech gaps)
How businesses adapt to scarcity through:
• Automation
• Substitution
• Conservation
• Retraining and incentives
The difference between capital goods and financial capital
How smart resource planning leads to business survival and growth
Ethical reflection in The Gray Zone: Is it wrong for a company to automate and replace workers to cut costs?
📥 Companion materials available:
PowerPoint, lecture notes, handouts, group activities, and assessments can be found in the
👉 Intro to Business: Economic Resources Unit 11 Bundle on Teachers Pay Teachers
🔗Link to PowerPoint:
https://www.teacherspayteachers.com/Product/Intro-to-Business-Economic-Resources-PowerPoint-13716159
🔗Link to Unit:
https://www.teacherspayteachers.com/Product/Intro-to-Business-Economic-Resources-Unit-11-Bundle-13716212
🔗Link to Store:
https://www.teacherspayteachers.com/store/kloekers-education-foundation
📌 Ideal for high school business or CTE students, this lecture aligns with TEKS and national business education standards.
👍 Like this video to support the channel
🔔 Subscribe for more high-quality business, government, and history lessons
💬 Comment below with classroom ideas or questions!
#EconomicResources #BusinessEducation #HighSchoolBusiness #CTE #IntroToBusiness #NaturalResources #HumanCapital #KloekerEducationFoundation #TeachersPayTeachers
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