Identify examples of the productive resources and explain how they are used to produce goods and services.
Trade shaped the development of Early America.
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Identify the goods and/or services that different types of businesses produce in the community.
Explain how productive resources (natural, human, and capital) have influenced the types of goods produced and services provided in Colorado.
Describe the difference between producers and consumers and explain how they need each other.
Identify goods and services and recognize examples of each.
Identify examples of the variety of resources that are used to produce goods and services. For example: human capital, physical capital, and natural resources.