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University of Minnesota

University of Minnesota: 2.1 Factors of Production: Principles of Economics

For Students 9th - 10th
The three factors of production-labor, capital, and natural resources. Explain the role of technology and entrepreneurs in the utilization of the economy's factors. Labor is the human effort that can be applied to the production of goods...
Lesson Plan
Council for Economic Education

Econ Ed Link: Economic Spotter: Resources During World War Ii

For Teachers 3rd - 5th
In World War II pennies were made of steel and zinc instead of copper and women were working at jobs that men had always been hired to do. Why? Because during war times, scarcity forces many things to change!