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Last updated on 2024年6月12日

How does resource scarcity impact your daily life?

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Resource scarcity is a pressing challenge that affects your daily life in various ways, often without you even realizing it. From the prices you pay for goods to the availability of essential services, the ripple effects of limited resources are far-reaching. As resources become scarcer, businesses must adapt, but this also translates into changes in your routine, budget, and lifestyle choices. Understanding how resource scarcity impacts your life can help you make more informed decisions and adapt to an ever-changing economic landscape.

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Miguel Fernandes, Ph.D.

Ecologist | Environmental Consultant | Finding creative solutions to challenging questions in ecology, climate…

1 Everyday Costs

With resource scarcity, the cost of everyday items can increase significantly. When resources like raw materials or energy are in short supply, production costs rise, and these increases are passed on to you, the consumer. You might notice that your grocery bill is higher, or that filling up your car's tank takes a larger chunk out of your budget. These price hikes can force you to prioritize your spending and may lead to cutting back on non-essential items or seeking more affordable alternatives to maintain your standard of living.

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Octavio Eliceo Rivera Vergara

Director General en Centro de Innovación en Tecnología Apropiada Agropecuaria, S.C.
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Si partimos de la idea de que los recursos siempre son limitados, la escasez debe considerarse como natural y como un estímulo para la creatividad. Aunque orilla a muchos ngocios a cerrar, también obliga a reinventarse para buscar alternativas mas competitivas

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INSTITUTO INVESTIGACIóN HUMANA

Instituto de Investigación Humana de Monterrey
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El cambio de los costos cotidianos en los negocios afectan de forma importante por que aumentan el costo de operación de la empresa o negocio sin que esto se pueda repercutir de forma inmediata en los precios de los productos o servicios ofrecidos esto se traducen en dificultades en la operación del negocio o empresa y dado que afecta el flujo de capital que finalmente impacta en la operación

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2 Product Availability

Resource scarcity can lead to a decrease in the availability of certain products. If a key component for a popular gadget is in short supply, for example, you might face long wait times or limited choices when trying to purchase it. This can be frustrating and may require you to either postpone your purchase, settle for a different product, or pay a premium for what is available. It's a situation that demands flexibility and sometimes creativity in your purchasing decisions.

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Octavio Eliceo Rivera Vergara

Director General en Centro de Innovación en Tecnología Apropiada Agropecuaria, S.C.
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La disponibilidad de un producto implica hacer una evaluación para determinar su importancia y su función básica, asi como las necesidades que realmente solventa. Con esta información debera buscarse un sustituto u otra forma de solventar la necesidad detectada

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3 Service Quality

The quality of services you rely on daily can also be affected by resource scarcity. For instance, if a local government faces a shortage of funds, this may result in reduced public service offerings or maintenance. You might experience longer wait times for public transportation, less frequent trash collection, or restricted hours at community facilities. These inconveniences can disrupt your daily routine and necessitate adjustments to how you plan your day.

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Octavio Eliceo Rivera Vergara

Director General en Centro de Innovación en Tecnología Apropiada Agropecuaria, S.C.
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La calidad esta íntimamente ligada al nivel de satisfacción de una necesidad. Cuando no se tiene claridad sobre la necesidad que se atiende, es fácil caer en la especulación y sobre pago por un servicio

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4 Lifestyle Changes

To cope with the effects of resource scarcity, you may find yourself making lifestyle changes. Perhaps you'll adopt more sustainable habits like recycling more diligently or reducing energy consumption to help mitigate costs and conserve resources. You might also explore new hobbies that require fewer resources, such as digital reading instead of buying physical books. These changes can have a positive environmental impact while also helping you manage the personal effects of resource scarcity.

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Miguel Fernandes, Ph.D.

Ecologist | Environmental Consultant | Finding creative solutions to challenging questions in ecology, climate resilience, and wildlife management.
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South Florida's high population density has made land scarce and expensive. To buy a home in Florida's metro areas, one needs a minimum salary of $109,000 a year, twice as much income as a buyer would have needed just four years ago. With the average salary in Florida being $49,000, how do home prices remain so high? The answer is real estate investors and the seemingly endless stream of wealthy out-of-staters moving to Florida and buying nearly half of all homes in cash. Another impact of this scarcity is the stratification of public spaces and events by income. From lack of access to public beaches to exclusive VIP sections in taxpayer-funded public events, Florida's society is becoming increasingly stratified.

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Octavio Eliceo Rivera Vergara

Director General en Centro de Innovación en Tecnología Apropiada Agropecuaria, S.C.
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La humanidad ha sabido sobrevivir ante la escasez y las nuevas generaciones poco a poco van perdiendo una a una cada habilidad de supervivencia. Ademas las han cedido a emporios comerciales. Lo ideal es que cada familia rescate cada una de esas habilidades

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5 Innovation Drive

In the face of resource scarcity, businesses and individuals alike are driven to innovate. You might notice an increase in the number of products made from recycled materials or advancements in energy-efficient technologies. These innovations not only help address the scarcity problem but also offer you new choices that can be more sustainable and potentially cost-saving in the long run. Embracing these innovations can be a way for you to contribute to a solution while benefiting from the latest advancements.

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Octavio Eliceo Rivera Vergara

Director General en Centro de Innovación en Tecnología Apropiada Agropecuaria, S.C.
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El impulso a la innovación debe ser en cada individuo, ya no solo a las empresas, pues la sociedad ha cedido esa habilidad solo a las empresas y ello implica estar atado a ellas. Por naturaleza el hombre es innovador y no es condición ligada auna compleja formación académica. La innovación es instintiva y natural

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INSTITUTO INVESTIGACIóN HUMANA

Instituto de Investigación Humana de Monterrey
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Si bien puede ser un impulsor de la innovación no dejara de ser un golpe al negocio al inicio dado que la innovación requiere de tiempo e inversión y en un país como México que actualmente destina menos del 1% del PIB a la ciencia e investigación, resultando difícil por no decir imposible contar con apoyos económicos en este rubro, el impacto será grabe.

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6 Future Planning

Finally, resource scarcity can influence how you plan for the future. You might start investing in renewable energy solutions for your home or consider an electric vehicle to reduce dependence on fossil fuels. In your career, you may seek skills that align with sustainable practices or industries less likely to be impacted by resource shortages. Forward-thinking and adaptability become crucial as you navigate an uncertain future with limited resources.

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INSTITUTO INVESTIGACIóN HUMANA

Instituto de Investigación Humana de Monterrey
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La planificación a futuro deberá considerar todas la implicaciones posibles de los cambios en el de la doctrina del gobierno de la 4T que sin duda en este contexto sociopolítico traerá sin duda situaciones que afectaran a la industria a los negocios y a las personas en lo particular por lo que habrá que estar preparados para ajustar y modificar nuestras decisiones en función de los cambios tendremos que estar mas atentos y definitivamente preparados para ajustes importantes

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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How does resource scarcity impact your daily life?

1

2

3

4

5

6

7

1 Everyday Costs

2 Product Availability

3 Service Quality

4 Lifestyle Changes

5 Innovation Drive

6 Future Planning

7 Here’s what else to consider

Business Management

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How does resource scarcity impact your daily life?

1

2

3

4

5

6

7

1 Everyday Costs

2 Product Availability

3 Service Quality

4 Lifestyle Changes

5 Innovation Drive

6 Future Planning

7 Here’s what else to consider

Business Management

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