https://padlet.com/84558/cdmzpt6tzrwp 1.1 en-us 2017-10-15 00:43:01 UTC 2026-02-16 23:33:20 UTC hello@padlet.com 84558 https://padlet.com/84558/cdmzpt6tzrwp/wish/197069956 Resources have to be used to make something else. Money alone cannot produce anything, therefore it is not a resource. ]]> 2017-10-15 00:45:38 UTC https://padlet.com/84558/cdmzpt6tzrwp/wish/197069956 84558 https://padlet.com/84558/cdmzpt6tzrwp/wish/197070580 Economic capital is anything manufactured in order to be used in the production of goods and services- machinery and equipment, books, roads, phones, etc.]]> 2017-10-15 01:01:40 UTC https://padlet.com/84558/cdmzpt6tzrwp/wish/197070580 84558 https://padlet.com/84558/cdmzpt6tzrwp/wish/197070801 Resources need to be allocated as we choose what we want to try to satisfy us.  We have scarcity because we have limited resources but unlimited wants.  We would need an endless supply of resources to fill our wants, which is not possible.  Therefore, we must decide how to allocate those resources for goods and services.]]> 2017-10-15 01:08:11 UTC https://padlet.com/84558/cdmzpt6tzrwp/wish/197070801