Ask Question
1 January, 16:13

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

+5
Answers (1)
  1. 1 January, 16:33
    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.

    What impact does this have on your financial management?

    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How do scarce resources influence you personally? What impact does this have on your financial management? ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers