Why did the family decide to produce sweet potato pies?
The family had borrowed money from the bank. The bank loan was due, but Papa didnt have enough money. They needed to produce pies to earn enough income to pay back the loan. What productive resources did it take to produce the sweet potato pies? Raw materials (that come from natural resources): Sweet potatoes, flour, eggs, milk, spices Human Resources: all the family members who worked. Also, It took Mamas special skill and knowledge (human capital) to make quality pies! Capital Resources: bowls, oven, spoons, pie tins, butter churn, wagon to transport pies It took a lot of hard work to produce the sweet potato pies. Does production always involve hard work? Yes! It is not easy to collect productive resources and use them to produce a product. What problem did the family encounter when trying to sell their pies? The band was playing very loudly so people couldnt hear them cry, Pies for sale! How did they solve that problem? Jake and his sister took two pies and danced through the crowd