https://padlet.com/986743/ci641fqd2a7yjbp4 en-us 2020-09-11 15:33:44 UTC 2025-03-10 03:51:06 UTC hello@padlet.com 986743 https://padlet.com/986743/ci641fqd2a7yjbp4/wish/739148721 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. ]]> 2020-09-11 15:35:03 UTC https://padlet.com/986743/ci641fqd2a7yjbp4/wish/739148721 986743 https://padlet.com/986743/ci641fqd2a7yjbp4/wish/739151636 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. ]]> 2020-09-11 15:35:36 UTC https://padlet.com/986743/ci641fqd2a7yjbp4/wish/739151636 986743 https://padlet.com/986743/ci641fqd2a7yjbp4/wish/739153113 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. ]]> 2020-09-11 15:35:56 UTC https://padlet.com/986743/ci641fqd2a7yjbp4/wish/739153113 986743 https://padlet.com/986743/ci641fqd2a7yjbp4/wish/747640941 2020-09-15 13:20:22 UTC https://padlet.com/986743/ci641fqd2a7yjbp4/wish/747640941 986743 https://padlet.com/986743/ci641fqd2a7yjbp4/wish/747642982 2020-09-15 13:20:49 UTC https://padlet.com/986743/ci641fqd2a7yjbp4/wish/747642982 986743 https://padlet.com/986743/ci641fqd2a7yjbp4/wish/747646090 2020-09-15 13:21:31 UTC https://padlet.com/986743/ci641fqd2a7yjbp4/wish/747646090