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Materials in the natural environment that
people value and use to satisfy their needs.
In this class we are interested in….
1. How people use world resources.
2. Where resources are located.
3. How resources are distributed.
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Materials in the natural environment that
people value and use to satisfy their needs
and wants.
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Give some examples of natural resources you
use on a daily basis.
Now… how would you need to adjust if that
resource was no longer available?
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Regenerated or replaced by the
environment
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Geothermal Energy: produced from the
earth’s internal heat
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Cannot be replaced once used
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Fossil Fuels: formed by ancient plant and
animal remains (over millions of years)
 Unevenly spread around the world
 Likely to run out
 Causes pollution
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Cost of gas…
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$1.95 a gallon
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United States $1.95
Spain $4.55
Italy $5.96
France $5.54
Denmark $5.93
Saudi Arabia $0.91
Egypt $0.65
Nigeria $0.38
Venezuela $0.12
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What is a natural resource?
 Discuss with a partner

What are the two main categories of
resources?
 Discuss with a partner

Since there is not an unlimited amount of
resources how do we get the things we
need?
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Economic Activities: what people do in
order to acquire the things they need and
the luxuries they desire.
 4 categories
▪ Primary
▪ Secondary
▪ Tertiary
▪ Quaternary
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1. Primary Economic Activities: rely
directly on natural resources
 Examples: fishing, forestry, mining, farming,
hunting/gathering, herding
 Subsistence Farming VS Commercial Farming
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2. Secondary Economic Activities:
people use raw materials to produce new
products of greater value
 Examples: pressing wheat to make flour,
manufacturing
 Cottage Industry VS Commercial Industry
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3. Tertiary Economic Activities: do not
directly gather or process raw materials –
instead they pursue activities that serve
others
 Examples: doctors, salespeople, truck
drivers, firefighters, police
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4. Quaternary Economic Activities:
acquisition, processing, and sharing of
information
 Examples: education, government, information
processing, research, Lawyers
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What is the difference between a primary and
a secondary economic activity?
What is a natural resource?
What is the difference between renewable
and non renewable?
What are some things countries are doing to
prepare for a future with less oil?
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The earth’s resources
are not evenly
distributed around the
world
Affects: where people
live, economic
activities, trade, and
leads to war.

Exports: goods sent out of the country
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Imports: goods brought into the country
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Deficit = our businesses lose profits
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https://www.youtube.com/watch?v=FOYcpcV
IZMs
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1. Traditional Economy – families produce what
they need - (personal use/little trade)
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2. Market Economy – (Free enterprise) – Capitalism
(United States)
Private individuals/groups decide what to produce, how
much to produce, and at what price
Law of supply and demand
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Command Economy – controlled by a
single, central government
Economic decisions made by government
leaders
Decisions made to achieve social or political
goals (Communism)

Mixed Economy – mixture of all three

Socialism
Government should run some industries
Government should provide some goods and
services
To pay for services, usually impose high taxes
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Read pages 115 – 119
Answer the following section 2 assessment
questions from page 119.
 2, 3, 4
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What factors affect the location of different
types of economic activities?
How does the distribution of resources affect
global trade patterns?
How do GDP and standard of living differ
between the developed and developing
nations?
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What factors affect the location of different
types of economic activities?
 Primary can be found where natural resources can
be gathered.
 Secondary will be found near raw materials, a
market to buy the goods and near a labor force.
 Tertiary is near people who need the service.
 Quaternary will be found in modern economies
and tend to be near a skilled work force.
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How does the distribution of resources affect
global trade patterns?
 Countries export what they have in abundance
and seek out imports of the items they lack.
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How do GDP and standard of living differ
between the developed and developing
nations?
 Developed has a high standard of living and
stronger GDP’s than the developing world.
1.
2.
3.
4.
5.
6.
7.
Define the term natural resource.
What is geothermal energy?
Compare and contrast renewable and
nonrenewable resources.
List the 4 economic activities
Is having a Deficit a bad thing when it comes to
trade?
What factors impact the location of different types
of economic activities?
How does the distribution of resources impact
global trade patterns?