Consumer Stuff for kids (PDF, 6.2 MB) - Consumer Affairs Victoria

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ACTIVITY 2 - What is a Resource? Learning Objectives • Students identify and distinguish between natural, human and capital resources. Lesson Duration » 45 minutes Introduction Ask students: "What does it mean if something is 'scarce'?" Many resources are scarce. Resources are used to make goods and services. For example, in Australia (and on Skeleton Island) freshwater is a limited resource. Freshwater can also be used in many ways. In small groups students have 4 minutes to brainstorm as many uses for freshwater as possible. For example: • showers and baths • water fountains • irrigation on farms to grow fruit and vegetables • use on water-slides • flush toilets • wash clothes • used by dentists to wash out the patient’s mouth • for drinking • grow rice • sell as bottled water • water for dairy farms • wash cars • fill spa baths • clean windows • freeze for ice • to fight fires After the brainstorm, explain: Preparation » copy Resources Activity Sheet Key Terms • resources • capital "Important decisions are made about how to best use limited resources. Look at your list and order the top 5 most important ways water should be used." Groups should be encouraged to debate and contest their list with other groups. There are three types of resources. These are natural, human and capital. 1. Natural resources are materials from nature like water, land, trees and animals. 2. Human resources, also called labour, includes people who do the work. 3. Capital resources are goods made by people and used to make other goods or to provide services. A hammer is a capital resource. • natural • human To distinguish between each type of resource, ask the students: “What are some of the natural, human or capital resources used in our school?” Our School Natural Resources Human Resources Capital Resources • Water • • Cleaning staff • • Photocopier • Task - Resources Activity Sheet Students compare responses with peers and demonstrate the difference between natural, human and capital resources. CONSUMER AFFAIRS VICTORIA NEED CONSUMER HELP? 1300 55 81 81 www.consumer.vic.gov.au 59
Resources Activity Sheet There are three types of resources. These are natural, human and capital. 1. Natural resources are materials from nature like water, land, trees and animals. 2. Human resources, also called labour, includes people who do the work. 3. Capital resources are goods made by people and used to make other goods or to provide services. A hammer is a capital resource. Resources used to produce goods and services include all the resources used in the production process. Here are some of the resources used to produce orange juice. What resources are used to produce a bottle of orange juice? Natural Resources Human Resources Capital Resources • Water • Fertile soil • Wood for orange crates • Sunlight In a small group select one of these items: • Orange pickers • Farmers Loaf of bread Woollen socks Pencil • Trucks • Fruit peeling and squeezing machines • Fertiliser Wooden bat Litre of milk Running shoes In your group list the resources used to produce your item. Our group chose . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Natural Resources Human Resources Capital Resources Once you have completed your resources table, work with a team who selected a different item. Each group takes turns to say one resource from their list. The other group then chooses whether it is a natural, human or capital resource. Early finishers List the resources used to produce computer paper. NATURAL HUMAN CAPITAL Tree plantation Paper mill NAME . . . . . . . . . . . . . . . . . Transport Shop 60 CONSUMER AFFAIRS VICTORIA NEED CONSUMER HELP? 1300 55 81 81 www.consumer.vic.gov.au
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A teaching & learning resource •
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A teaching & learning resource •
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Introduction to Consumer Stuff for
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Victorian Essential Learning Standa
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National Consumer and Financial Lit
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VELS Humanities - Economics The key
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Conclusion Play “The Goods ‘n S
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Page 17 and 18: Take Home Activity I am a Consumer
Page 19 and 20: Introduction Create a KWL chart on
Page 21 and 22: Consumer Match-up Cards Q Do consum
Page 23 and 24: CAMP CHAOS! Anna couldn’t believe
Page 25 and 26: Consumer Power - Advice Line 1. Lee
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Page 29 and 30: Role-play Scenarios A salesperson i
Page 31 and 32: Scams Task Distribute the Scams act
Page 33 and 34: Take Home Activity An Informed Cons
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Page 39 and 40: Fishbone Chart Model a fishbone cha
Page 41 and 42: Take Home Activity Let's Work YOUR
Page 43 and 44: Bartering worked fine for a while..
Page 45 and 46: Design your own money. You are work
Page 47 and 48: ACTIVITY 2 - Different Ways to Buy
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Page 53 and 54: ACTIVITY 4 - Budgeting Learning Obj
Page 55 and 56: $ in Budget Activity Sheet $ out NA
Page 57 and 58: OPPORTUNITY COST Shoppers make lots
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Page 78 and 79: Help on the Web www.sustainability.
Page 80 and 81: Take Home Activity Consuming Planet
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Page 104 and 105: Finding Out Ongoing Assessment and
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Page 108 and 109: Take Home Activity How Can We Make
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Take Home Activity Is Advertising C
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CONSUMER AFFAIRS VICTORIA NEED CONS
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Consumer Stuff for kids (PDF, 6.2 MB) - Consumer Affairs Victoria

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