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Topic: Resources 

Engineering Education

 Standard 11.  Understands the interrelationship of the building trades and society
  Level IV (Grade 9-12)
   Benchmark 2.Knows the resources used in the building trades (e.g., land, wood, minerals)
    Knowledge/skill statements
     1.Knows how land is used in the building trades
     2.Knows how wood is used in the building trades

Economics

 Standard 1.  Understands that scarcity of productive resources requires choices that generate opportunity costs
  Level I (Grade K-2)
   Benchmark 5.Knows that natural resources are "gifts of nature" because they are present without human intervention
    Knowledge/skill statements
     1.Knows that natural resources are "gifts of nature"
     2.Knows that natural resources are present without the intervention of humans
   Benchmark 6.Knows that capital resources are things made by people that are used to make other goods or to provide services
    Knowledge/skill statements
     1.Knows that capital resources are made by people
     2.Knows that capital resources are used to make other goods
     3.Knows that capital resources are used to provide other services
   Benchmark 7.Knows that human resources (i.e., labor or human capital) are the efforts of people who work to produce goods and to provide services
    Knowledge/skill statements
     1.Knows that labor is another word for human resources
     2.Knows that human capital is another word for human resources
   Benchmark 8.Knows that choices about what goods and services to buy and consume determine how resources will be used.
    Knowledge/skill statements
     1.Knows that choices about what goods to buy and consume determine how resources will be used
     2.Knows that choices about what services to buy determine how resources will be used
  Level II (Grade 3-5)
   Benchmark 1.Knows that productive resources are all natural resources, human resources, and capital resources used to produce goods and to provide services
    Knowledge/skill statements
     1.Knows that productive resources are those used to produce goods and to provide services
     2.Knows that all natural resources used to produce goods and provide services are productive resources
     3.Knows that all human resources used to produce goods and provide services are productive resources
     4.Knows that all capital resources used to produce goods and provide services are productive resources
   Benchmark 11.Understands that the quality of labor resources (i.e., human capital) can be improved through investments in education, training, and health care
    Knowledge/skill statements
     1.Knows that human capital is another name for labor resources
     2.Understands that labor resources can be improved through investments in education
     3.Understands that labor resources can be improved through investments in training
     4.Understands that labor resources can be improved through investments in health care
 Standard 2.  Understands characteristics of different economic systems, economic institutions, and economic incentives
  Level II (Grade 3-5)
   Benchmark 5.Knows that households, as resource owners, sell productive resources (e.g., labor, natural resources, capital resources, entrepreneurial resources) to firms in order to earn income
    Knowledge/skill statements
     1.Knows that households are resource owners
     2.Knows that households sell productive resources in order to earn incomes
     3.Knows that labor is an example of a productive resource that a household can sell
     4.Knows that natural resources are an example of a productive resource that a household can sell
     5.Knows that capital resources are an example of a productive resource that a household can sell
     6.Knows that entrepreneurial resources are an example of a productive resource that a household can sell
 Standard 10.  Understands basic concepts about international economics
  Level IV (Grade 9-12)
   Benchmark 1.Understands that trade between nations would not occur if nations had the same kinds of productive resources and could produce all goods and services at the same real costs
    Knowledge/skill statements
     1.Knows that nations have different productive resources