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MArishka [77]
4 years ago
15

How do scarce resources influence you personally? What impact does this have on your financial management?

Social Studies
1 answer:
Igoryamba4 years ago
5 0
Scarce resources encourage me to spend time thinking about how I use the limited amount of money and materials that have so that I may use them in a matter that best guarantees that I will get the most satisfaction out of it. Since resources also include time, they also define how much I time I spend doing which activities, and steer me to put in a certain degree of work. 

<span>What impact does this have on your financial management? </span>

<span>Since there is a limited supply of resources, the great wheel that facilitates the cycle that these such resources use, known as money, must also be limited. How I manage my finances (money and resources). Knowing this, I am encouraged to invest such resources into more efficient outlets to attain the most powerful results out of my few resources. </span>
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