Surplus

Real World Example

In early human history, surplus was crucial for the first agricultural societies because it allowed them to have extra food beyond their immediate needs. This meant that not everyone had to focus on farming, leading to the development of different jobs and the growth of villages and towns. Surplus also provided a safety net against bad harvests or natural disasters, reducing the risk of famine. Today, the concept of surplus still matters as it affects economics and personal finances; for example, having extra savings in a bank account provides security in case of emergencies. Just like in ancient times, having a surplus can support growth and innovation, such as when a family saves enough money to invest in a child's education or a new business venture.