Risk of Scarcity.

[Midy]

Currently the economy of a country is in a bad state due to obstruction of various activities due to Covid-19, as well as high levels of robbery and violence due to limited economic needs.
Currently we can invite our family and friends to do activities that make money through the internet, one of which is investing in cryptocurrency or becoming a YouTuber content creator, so that we can fulfill a little of life's needs during the Covid-19 pandemic.

[Coroline]

Although scarcity is a basic problem, sometimes scarcity is needed because it has an important role in the economy. It is undeniable that scarcity is one of the most significant factors in influencing supply and demand. In the economy, the scarcity of goods plays a significant role in influencing market competition on any price base.

Rare goods are generally subject to greater demand, so they have the 'power' to play the price of goods higher. This is why rare items tend to be priced at a higher price than similar items with more or even abundant stock.

[fara_buduk]

Inflation that occurs either in the community or the country itself and the economic growth of the community is an important line for the country's economic growth and development, one of which is employment, so that welfare can be obtained by the community.

[barabarian1]

     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.

those who don't care will look to their own future, while those in need will feel confused all day. help does not guarantee complete survival, and the person who helps may not always be able to help. a sense of solidarity is needed to help people, at least to relieve them until we get through the tough times of the pandemic.

[perfect999]

Although scarcity is a basic problem, sometimes scarcity is needed because it has an important role in the economy. It is undeniable that scarcity is one of the most significant factors in influencing supply and demand. In the economy, the scarcity of goods plays a significant role in influencing market competition on any price base.

Rare goods are generally subject to greater demand, so they have the 'power' to play the price of goods higher. This is why rare items tend to be priced at a higher price than similar items with more or even abundant stock.

Maybe that should not be a problem at all, maybe we should figure out a way where resources are never a problem ever again? I mean what is "economy" that keeps us from having things that we want or need?

If people in Africa are dying because of lack of water, that is not because we do not have enough resources for it, that is because we do not care about it, I can guarantee you that with enough resources put into it, all of Africa could be a place filled with drinkable waters, farms, trees, everything, all you need is spend manhours resources on it, but we fail to do that because it is not "profitable for the economy".

Or we can just build lambo for every single person in the world, we do have the resources for it, or a Tesla or whatever car we want, it is possible we can do that like in 10 years, for free, you do not have to spend money on it, just do it, why put money in between? Food, shelter, water, games, cars, clothes, EVERYTHING can be free, but people will not be richer than each other, everyone will own everything, that is why we are not doing it.

[jaberwock]

If people in Africa are dying because of lack of water, that is not because we do not have enough resources for it, that is because we do not care about it, I can guarantee you that with enough resources put into it, all of Africa could be a place filled with drinkable waters, farms, trees, everything, all you need is spend manhours resources on it, but we fail to do that because it is not "profitable for the economy".

Or we can just build lambo for every single person in the world, we do have the resources for it, or a Tesla or whatever car we want, it is possible we can do that like in 10 years, for free, you do not have to spend money on it, just do it, why put money in between? Food, shelter, water, games, cars, clothes, EVERYTHING can be free, but people will not be richer than each other, everyone will own everything, that is why we are not doing it.

Unfortunately that is not possible because human nature requires being better than someone else, that is the type of situation humans have because without having any type of feeling of being better then people can't "compare" how good they are doing.

It is not enough that you have a lambo, it is not the lambo that is good, it needs to be that others can't get a lambo, otherwise believe me lambo is a much much worse car than most other regular size cars, I can get a car for 10k that is much more comfortable than lambo, only reason why anyone gets it is the fact that they know they are one of the few that can do it, when you do not need to showboat and you KNOW you are richer, you do not get it, does warren buffet have one? mark zuckerberg? jeff bezos? None of these guys have anything like that because they know they are richer, it is that feeling of being richer, if we are all rich and we are all happy, then we are all sad and none of us would feel rich.

[inoes]

if the condition of scarcity continues to occur and repeats, in every situation of scarcity, then the person who will benefit the most is he who has it.  here whether the person who has something will voluntarily share it with those around him who do not have it.  actually the current condition we tend to share less with others.  So there is social inequality.

[gundala]

Currently the economy of a country is in a bad state due to obstruction of various activities due to Covid-19, as well as high levels of robbery and violence due to limited economic needs.
Currently we can invite our family and friends to do activities that make money through the internet, one of which is investing in cryptocurrency or becoming a YouTuber content creator, so that we can fulfill a little of life's needs during the Covid-19 pandemic.

I hope that this pandemic will end soon, so that we can return to normal activities. there are many lessons that we can take from this pandemic, first we must have a side job that can support the main job, because most of the offline jobs have experienced a massive decline. second, we must be able to adapt to technological developments in order to maximize it in getting profit.
use the best possible capabilities and combine it with the online system. one that is quite potential is indeed from cryptocurrency, there are many jobs to choose from according to your abilities, for example web developer, designer, writer, etc.

[AniviaBtc]

When scarcity occurs, there's the time where inflation will surely join it and make people suffer.

That's the reason why some people are still taking advantage of bitcoin because it also scarce for a matter of time and its price will surely increase.

Learn to invest so that you can somehow afford something that you need because if you invest, you can fight inflation instead of saving.

[ven7net]

     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.

I believe that the big deficit at the moment is money. Due to the fact that you have listed above, the money that is now in circulation and which some countries print so diligently is very much lacking. But also this problem cannot be solved by printing new money, which means that the financial system will face a global reboot. Against this background, deficits are created in other sectors, which significantly affects the development of economies in the world. If this problem is not resolved soon, then the deficit will only grow and there will be more problems in the world, which will lead to the collapse of the financial system and economies of the world.

[sapnu]

     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.

Time will soon come wherein famine and war over natural resources would take place as each and everyone of us abuse the gift of God that was supposed to suffice our daily needs. People are overcome with greed and too much enjoyment that they end up not noticing what is really happening in their surroundings. If no one would make an act on how we can atleast delay the incoming worst crisis the world will ever face, we should expect that it would happen already sooner or later. Before it is too late, start preparing already and make sure you can secure goods for your family up until the future.