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Definitions from the Web

Scarcity

Definition: Scarcity refers to the limited availability or shortage of a particular resource, item, or commodity.

Examples

Noun - General Usage:

• The scarcity of water in the desert regions is a major concern for the local communities.
• In times of war, scarcity of food and supplies becomes a pressing issue.

Noun - Economic Usage:

• The scarcity of rare minerals drives up their market prices.
• Economic theories suggest that scarcity is a fundamental concept influencing supply and demand.

Adjective - General Usage:

• Living in a remote area, they had to adapt to a scarcity of modern conveniences.
• In times of scarcity, people often find innovative ways to make the most of available resources.

Related Products on Amazon

Explore related products on Amazon:

• Scarcity in Economics
• Managing Resources in Scarcity
• Books on Scarcity