How To Survive Everything Apocalyptic, Part 2
If you're new after the apocalyptic world is limited in resources, you'll need to establish limits that demands production, specialization and trade. You'll need to determine who is going to be best and heading up each of these roles. The role of barter, money and markets as these are going to be the biggest way of organizing your economic growth.
Limited resources economics is also thought of as the study of scarcity. In turn, scarcity is the fundamental problem of what the human wants compared to the actual amount of limited resources available.
In a world of limited resources economics can be considered the study of scarcity. When resources are scarce, people in your community will have to make, potentially life saving, choices on how those resources will be used. Weighing the estimated benefits against the costs.
One way to calculate the estimated cost of a resources is to determine the value of the next best resource and its use. When you specialize in producing something that others may not have, trade becomes very valuable to create a thriving community.
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