https://padlet.com/100534/56jx6n4s983m 1.1 en-us 2020-02-09 17:33:49 UTC 2020-02-09 18:27:37 UTC hello@padlet.com 100534 https://padlet.com/100534/56jx6n4s983m/wish/442726346 Resources must be used to produce a good or a service. Money cannot be used to make something else, so it cannot be considered a resource. Money is used to acquire, not produce. 

Picture explanation: Trees are considered a resource because they can be used to make paper and other products. Trees are a resource, money is not because it cannot be turned into something else, merely exchanged. ]]> 2020-02-09 18:06:11 UTC https://padlet.com/100534/56jx6n4s983m/wish/442726346 100534 https://padlet.com/100534/56jx6n4s983m/wish/442726687 Economic capital is anything that is manufactured to be used in the production of goods and services.]]> 2020-02-09 18:08:02 UTC https://padlet.com/100534/56jx6n4s983m/wish/442726687 100534 https://padlet.com/100534/56jx6n4s983m/wish/442726744 Resources can be used to solve scarcity by producing things society wants. For example, resources can be channeled into creating manufacturing means in order to create the things that people want. Resources in order to solve scarcity must be used wisely in order to prevent a shortage of goods to satisfy demands. ]]> 2020-02-09 18:08:21 UTC https://padlet.com/100534/56jx6n4s983m/wish/442726744