How does Three Types of Resources extend the goods-and-services vocabulary?

It introduces a resource as anything used to make a good, and splits resources into three kinds, natural, human, and capital, which is a genuinely harder distinction than good-versus-service: a resource is what goes into making something, while a good is the finished thing itself. Sorting word-bank items into the right resource column asks students to reason about a step earlier in the production process than the goods/services worksheets do.

Why does Payment Methods belong in the economics set alongside scarcity and production?

Payment Methods covers the way you hand over money for something you buy, matching each method to when a person would use it, which rounds out the second grade economics picture: goods and services exist, they're made by producers and used by consumers, resources go into making them, and money is the mechanism that moves them from producer to consumer in the first place.

2nd Grade Natural, human and capital Worksheets

Ages 7-8 · Free previews · Print-ready PDFs

Written by Adi Ackerman, Head Teacher

Free printable natural, human and capital worksheets for 2nd grade students (Ages 7-8). Aligned to C3 Framework standards. Ready to print.

2nd Grade Social Studies Economics Natural, human and capital Clear All

Natural, human and capital

Grade2nd Grade

TopicEconomics

More economics worksheets

Explore all of our 2nd grade economics worksheets, covering farm or factory, goods and services, ways to pay, producers and consumers, and more.

Farm or factory Goods and services Ways to pay Producers and consumers Scarcity

Frequently Asked Questions

Six worksheets build the basic vocabulary of economics: a good is something you can hold, a service is work someone does for you, a producer makes or grows something while a consumer buys and uses it, and something is scarce when there isn't enough of it for everyone who wants it. This is the C3 Framework's economics dimension (D2.Eco.3.K-2), describing the goods and services that people in the local community produce and those that are produced in other communities.

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