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Money is not a resource because any resource can be defined as something that is used to make something else. Money is the form of currency we use to aquire other productive resources that create goods and services such as machinery products, stores, roads, sewers etc.

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Economic capital is anything that is manufactured and can be used for goods and/or services. This can be simplified to mainly machinery and equipment.

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How can resources be used to solve scarcity in the economy?

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How can resources be used to solve scarcity in the economy?

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Resources can be used to solve economic scarcity, but how? Resources such as fuel (gas stations) will eventually run scarce, ways to prevent a sudden economic crisis of fuel scarcity is to create a safety stock, in which this means an emergency storage of fuel or another scarce resource that can be maintained and used when scarcity levels start spiking. Another way of preventing or solving scarcity problems in the economy is by using risk indicators or monitoring the use of non-renewable resources so one can track and see when we will have a jolt of scarcity pop-up in the future and come up with ways to prevent it ahead of time such as national trading agreements.