Productive Resources | The ETV Stock Market Program (2011-12): Program 2 - Episode 2

There are 3 productive resources: natural resource, human resource and capital resource. Herschel's World of Economics helps you to understand the difference.

More in this Series

ETV Stock Market Program

Video

Grades

6
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8
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12

Goods and Services | The ETV Stock Market Program (2011-12): Program 1 (Introduction)

Episode 1

The ETV Stock Market Program - These five lessons are NEW for fall and provide information on economics and the stock market to accompany the SC Council on Economic Education's game that students...

Scarcity | The ETV Stock Market Program (2011-12): Program 3 3

Video

Grades

6
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9
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12

Scarcity | The ETV Stock Market Program (2011-12): Program 3

Episode 3

Art work that is one of a kind is scarce. Space, time and simple possessions can also be scarce. Dr. Dave helps Herschel to understand.

Producers and Consumers | The ETV Stock Market Program (2011-12): Program 4 4

Video

Grades

6
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12

Producers and Consumers | The ETV Stock Market Program (2011-12): Program 4

Episode 4

A person who makes goods or provides services is a producer. Someone who buys and uses goods and services is a consumer. Teachers and students give many examples of both in this episode.

Opportunity Costs & Young Entrepreneur Round-Up | The ETV Stock Market Program (2011-12): Program 5 5

Video

Grades

6
7
8
9
10
11
12

Opportunity Costs & Young Entrepreneur Round-Up | The ETV Stock Market Program (2011-12): Program 5

Episode 5

Opportunity cost is what you give up when you make a choice. It is also the highest-valued alternative you give up when you make a choice. Scarcity comes in to play when Herschel has an opportunity...