Definition of Scarcity. Meaning of Scarcity. Synonyms of Scarcity

Here you will find one or more explanations in English for the word Scarcity. Also in the bottom left of the page several parts of wikipedia pages related to the word Scarcity and, of course, Scarcity synonyms and on the right images related to the word Scarcity.

Definition of Scarcity

Scarcity
Scarceness Scarce"ness, Scarcity Scar"ci*ty, n. The quality or condition of being scarce; smallness of quantity in proportion to the wants or demands; deficiency; lack of plenty; short supply; penury; as, a scarcity of grain; a great scarcity of beauties. --Chaucer. A scarcity of snow would raise a mutiny at Naples. --Addison. Praise . . . owes its value to its scarcity. --Rambler. The value of an advantage is enhanced by its scarceness. --Collier. Syn: Deficiency; lack; want; penury; dearth; rareness; rarity; infrequency.

Meaning of Scarcity from wikipedia

- In economics, scarcity "refers to the basic fact of life that there exists only a finite amount of human and nonhuman resources which the best technical...
- There are two type of water scarcity. One is physical. The other is economic water scarcity.: 560  Physical water scarcity is where there is not enough...
- Post-scarcity is a theoretical economic situation in which most goods can be produced in great abundance with minimal human labor needed, so that they...
- Artificial scarcity is scarcity of items despite the technology for production or the sufficient capacity for sharing. The most common causes are monopoly...
- Scarcity value is an economic factor describing the increase in an item's relative price by a low supply. Whereas the prices of newly manufactured products...
- Scarcity: Why Having Too Little Means So Much is a 2013 book by behavioural economist Sendhil Mullainathan and psychologist Eldar Shafir. The authors discuss...
- The 2023 Nigerian currency crisis was precipitated by a shortage of cash currency (the naira) and an attempt by the Nigerian government to force citizens...
- card games by mentally calculating odds. He propounded ideas such as the scarcity theory of value and the real bills doctrine. He held that money creation...
- A Scarcity of Miracles is the lone album by Jakszyk, Fripp and Collins, released in 2011. It united singer and guitarist Jakko Jakszyk with three musicians...
- The main causes of water scarcity in Africa are physical and economic water scarcity, rapid po****tion growth, and the effects of climate change on the...