Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Business strategy
Do you think the study of economics is necessary in a situation of abundant resources?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Kingsley, post: 212847, member: 30278"] Economics is the study of human behaviour in relationship with to ends and scares means which has alternative uses. the study of economics has given us the knowledge on how to manage our resources and to make the very best and most accurate and well informed decisions. The study of economics has helped the human race to understand how to manage the scare resource that we have both at the macro level and the micro level. Now in the case of having abundant resource which is not really new to the principles of economics, this situation is what we refer to as under population, a country is said to be under populated when the resource of that country outweighs it citizens . In such a situation what the government of such a country must do is open up the country for other nationals to come in and harness the wealth of resource that is embedded in that country. This will increase productivity of the nation of they can get more Labour. This is exactly the case in Canada, as we can see the Canadian government opened up their country for foreigners to come in and work and have a good life and this has greatly improved their standard of living. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Business strategy
Do you think the study of economics is necessary in a situation of abundant resources?
Top