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WAB Learns

G07: I&S - In the Driver's Seat: Finding information

Consumption and the Global Economy

Natural Resources / Raw Materials

Human Capital

Human capital is an intangible asset or quality not listed on a company's balance sheet. It can be classified as the economic value of a worker's experience and skills. This includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
Consider the following:
•    What knowledge and skills have been used to create the product?
•    Where do they come from?
•    Who provides them?
•    Locate on a map of the world and provide some information about the region/country.

Labour

Physical Capital

Physical capital consists of tangible, man-made goods that assist in the process of creating a product or service. The machinery, buildings, office or warehouse supplies, vehicles, and computers that a company owns are all considered part of its physical capital.
Consider the following:
•    What physical capital is needed to make the product? Consider different ideas on what is needed.
•    Where are these resource located?
•    Locate the factory on a map of the world and provide some information about the factory/region/country