Harmony Grove School District

Economic Classes

Factors of Production Posters

Factors of Production - land, labor, and capital; the three groups of resources that are used to make all goods and services.

Two students collaborate on a drawing, using markers on a large sheet of paper.

Land - natural resources that are used to make

goods and services.

A group of students collaborate around a table, discussing a project.

Labor - the effort that people devote to a task

for which they are paid.

Two young women collaborate on a project at a desk, surrounded by school supplies.

Capital - any human-made resource that is

used to create other goods and services.

All resources are scarce, so people make choices to satisfy their wants and needs.

The Stock Market

A student concentrates on writing at a desk in a classroom setting.

NEW YORK STOCK EXCHANGE

Four students collaborate around a desk, working on a project in a classroom.

NASDAQ

Students work collaboratively at desks in a classroom setting.

AMERICAN STOCK EXCHANGE

Economics