Indiana Social Studies E.1.1
The Standard
Define and identify each of the productive resources (i.e., natural, human, capital) and explain why each is necessary for the production of goods and services.
2026 Indiana Academic Standards: K-12 Social Studies · Students explain that because resources are limited, people must make choices, understanding the role that supply, demand, prices, and profits play in a market economy. Key elements of the course include study of scarcity and economic reasoning, supply and demand, market structures, the role of government, national economic performance, the role of financial institutions, economic stabilization, and trade.
Teacher's field guide
What This Standard Means
What Students Need to Do
- Students identify natural resources, human work, and capital equipment used to make a good or provide a service. They explain why production needs each one.
What Mastery Looks Like
- For a loaf of bread, a student names wheat, a baker's work, and an oven. They can explain what would stop if any one were missing.
Common Misconceptions
- Students may call money a capital resource instead of naming the equipment it buys. They may count the baker as capital or confuse wheat with the finished loaf.
How to Assess It
- Exit ticket: A bakery has wheat, a baker, and an oven. Label each resource and explain what happens if the bakery has no oven.
Lesson moves
Ways to Teach It
Give groups cards labeled wheat, baker, oven, water, and mixer; have them sort the cards and explain how each helps make bread.
Ask: Could a bakery make bread with wheat and an oven but no baker? Have students defend their answer in two sentences.
Play missing-resource rounds: show a bread-making setup without one input and have pairs name what is missing and what stops.
Hand out a printed pizza menu; students name a natural input, a worker task, and a tool needed for one pizza.
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Printable E.1.1 Worksheet
A ready-to-print activity worksheet aligned to E.1.1, with an answer key for the teacher on its own page. No account needed.
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Related Standards
- WG.5.4
Identify patterns of world resource distribution and utilization, and explain the impacts of using renewable and nonrenewable resources.
- GE.1.1
Define, identify, and explain the productive resources.
- E.1.5
Use a production possibilities curve to explain the concepts of choice, scarcity, opportunity cost, trade offs, efficiency, productivity, and growth.
- GE.1.4
Illustrate a production possibilities curve to explain the concepts of choice, scarcity, opportunity cost, trade-offs, unemployment, productivity, and growth.
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