Scarcity
1Scarcity — (also called paucity) is the problem of infinite human needs and wants, in a world of finite resources. In other words, society does not have sufficient productive resources to fulfill those wants and needs. Alternatively, scarcity implies that… …
2scarcity — index dearth, deficiency, deficit, delinquency (shortage), indigence, insufficiency, need (deprivation …
3scarcity — (n.) c.1300, from O.N.Fr. escarceté (O.Fr. escharsete), from eschars (see SCARCE (Cf. scarce)) …
4scarcity — [sker′sə tē] n. pl. scarcities [ME scarsite < NormFr escarseté] 1. the condition or quality of being scarce; inadequate supply; dearth 2. rarity; uncommonness …
5scarcity — noun ADJECTIVE ▪ great ▪ growing, increasing ▪ relative ▪ artificial ▪ food, land …
6Scarcity — 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… …
7scarcity — scarce scarce [skeəs ǁ skers] adjective if something is scarce, there is not enough of it available: • Here, land is a scarce resource and house prices have risen sharply. • Jobs are scarce. scarcity noun [singular, uncountable] : • the present… …
8scarcity — n. 1) to cause a scarcity 2) a severe scarcity * * * [ skeəsɪtɪ] a severe scarcity to cause a scarcity …
9Scarcity — The basic economic problem that arises because people have unlimited wants but resources are limited. Because of scarcity, various economic decisions must be made to allocate resources efficiently. When we talk of scarcity within an economic… …
10scarcity — scar|ci|ty [ˈskeəsıti US ˈsker ] n [singular] a situation in which there is not enough of something scarcity of ▪ the scarcity of employment opportunities …
