Friday, February 14, 2020

Scarcity1

Michael H.

So on the subject of resources and renewable energy sources I want to talk about scarcity of resources. Scarcity has impact on all of our economic outcomes in life. For example Missouri’s largest industry is transportation equipment if there is a shortage of steel or metal resources then our state economy would plummet forcing jobs to move elsewhere. So resources need to be more wisely used. Because all economic impact on one industry affects all economic impacts on others.
https://examples.yourdictionary.com/examples-of-scarcity.html
https://www.ereferencedesk.com/resources/state-economy/missouri.html

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