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Scarcity

The following statistics are based on the British National Corpus, so they are representative for the British English.

Comparison of usage frequency between the noun scarcity and its most common antonym:

abundancescarcity
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Definition of the noun scarcity

What does scarcity mean as a name of something?

noun - plural: scarcities

  1. a small and inadequate amount
    • examples: He envisions the "Post-scarcity Economy." | A "Post-scarcity Economy" requires higher intelligence from its populace. | By overcoming scarcity, most of the crimes and even the prisons of today's society would no longer be necessary. | There seems to be a scarcity of Austrian chat rooms in the Web.
    • lexical domain: Attributes - nouns denoting attributes of people and objects
    • synonym of scarcity: scarceness
    • antonym of scarcity: abundance
    • more generic words: deficiency / inadequacy / insufficiency = lack of an adequate quantity or number
    • more specific words:

Alternative definition of the noun scarcity

noun

  1. [uncountable] the condition of something being scarce or deficient
  2. [countable] an inadequate amount of something; a shortage

Music

"Scarcity" is a musical album of Inmyths.

  • released on

Writings

"Scarcity" is a play by Lucy Thurber.

Miscellanea

  1. Scarcity is the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. It states that society has insufficient productive resources to fulfill all human wants and needs. A common misconception on scarcity is that an item has to be important for it to be scarce. This is not true, for something to be scarce, it has to be hard to obtain, hard to create, or both. Simply put, the production cost of something determines if it is scarce or not. For example, although air is more important to us than diamonds, it is cheaper simply because the production cost of air is zero. Diamonds on the other hand have a high production cost. They have to be found and processed, both of which require a great deal of resources. Additionally, scarcity implies that not all of society's goals can be pursued at the same time; trade-offs are made of one good against others. In an influential 1932 essay, Lionel Robbins defined economics as "the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.
    • also known as Penuria, Στενότητα, Hiány, Ritkaság, การมีอยู่อย่างจำกัด, ความขาดแคลน
  2. Scarcity, in the area of social psychology, works much like scarcity in the area of economics. Simply put, humans place a higher value on an object that is scarce, and a lower value on those that are abundant. The thought that we, as humans, want something we cannot have drives us to desire the object even more. This idea is deeply embedded in the intensely popular, “Black Friday” shopping extravaganza that U.S.
  3. Scarcity is a 2007 theater production of the play by Lucy Thurber.
    • award: - Drama Desk Award for Outstanding Featured Actor in a Play nomination for Michael T. Weiss
  4. Scarcity is a 2013 theater production of the play by Lucy Thurber, part of Thurber's The Hill Town Plays.
    • award: - Obie Award for Special Citations (Nominated as The Hill Town Plays, of which Scarcity, Ashville, Where We're Born, Killers and Other Family, and Stay are a part thereof.), received by Rattlestick Playwrights Theater & Lucy Thurber

Printed dictionaries and other books with definitions for Scarcity

Click on a title to look inside that book (if available):

Google previewEconomics for Today (2010)

by Irvin Tucker

Scarcity is the condition in which human wants are forever greater than the available supply of time, goods, and resources. Because...

Google previewTurning Points Iv' 2007 Ed.

Scarcity is a natural phenomenon which sets a limit in the production of goods and services needed by man. All of us demand goods, which are in definite amounts and for which we have to pay in terms of money. Free goods are those ...

Google previewEconomics (2015)

by Roger A. Arnold

Scarcity is the condition in which our wants (for goods) are greater than the limited resources (land, labor, capital, and entrepreneurship) available to satisfy those wants. In other words, we want goods, but not enough resources are available ...

Google previewTourism and Water (2015)

by Stefan Gössling, C. Michael Hall, Daniel Scott

Water scarcity and its implications have recently also been echoed by various UN organisations, including UN Water, an inter-agency coordinating body covering all freshwater- and sanitation-related issues. Water scarcity is a result of growing ...

Google previewMicroeconomics (2015)

by Roger A. Arnold

Scarcity is the condition in which our wants (for goods) are greater than the limited resources (land, labor, capital, and entrepreneurship) available to satisfy those wants. In other words, we want goods, but not enough resources are available ...

Google previewThe Works of Samuel Johnson, LL.D. (1857)

With an Essay on His Life and Genius by Samuel Johnson, Arthur Murphy

But scarcity is an evil that extends at once to the whole community; that neither leaves quiet to the poor, nor safety to the rich:...

Google previewEconomics Problem Solver

Consequently, scarcity is a constant and universal problem. It has been a problem in every society in every period of time and is likely to remain a problem ...

Google previewThe Person in the Sight of Sociology (RLE Social Theory) (2014)

by Colin Fletcher

Scarcity is an ideology.

Scarcity is the person's mercantilism making the person a merchant making nothing; taking something,usingthat which is takento exploit fora slightincrement in value, undermining an imagination fortheresource's utility ...

Google previewLives of the poets. Lives of eminent persons. Political tracts. Philological tracts. Miscellaneous tracts. Dedications. Opinions on questions of law. Reviews and criticisms. Journey to the Western islands of Scotland. Prayers and meditations (1837)

by Samuel Johnson, Arthur Murphy

But scarcity is an evil that extends at once to the whole community; that neither leaves quiet to the poor, nor o to the rich; that in...

Google previewAgricultural Cooperative Management and Policy (2014)

New Robust, Reliable and Coherent Modelling Tools by Constantin Zopounidis, Nikos Kalogeras, Konstadinos Mattas, Gert van Dijk, George Baourakis

Guido Sali and Federica Monaco Abstract Water scarcity is an increasing phenomenon affecting all sectors of economic interest.

A way to contrast scarcity is the improvement of the efficiency of water allocation and the reduction of its losses, ...

Google previewEfficiency, Justice and Care (2007)

Philosophical Reflections on Scarcity in Health Care by Yvonne Denier

Scarcity means that we do not have sufficient resources, and that there are limits to our technology and management skills in producing enough to meet the existing demand. Consequently, it implies that not all of our own or society's goals can ...

Google previewThe Works of Samuel Johnson, LL. D.: Lives of the poets (1837)

by Samuel Johnson

But scarcity is an evil that extends at once to the whole community; that neither leaves quiet to the poor, nor . to the rich: that in...

Google previewThe Works of Samuel Johnson (1837)

by Samuel Johnson, Arthur Murphy

But scarcity is an evil that extends at once to the whole community ; that neither leaves quiet to the poor, nor safety to the...

scarcity is the failure of the harvest; and the cause of exportation is the like failure in other countries, where they grow ...

Google previewSustainable Engineering (2016)

by Kaufui V. Wong

An area with economic water scarcity is an area that has not invested sufficient resources to use the sufficient water that...

Google previewWorks (1838)

by Samuel Johnson

But scarcity is an evil that extends at once to the whole community; that neither leaves quiet to the poor, nor o to the rich; that in its approaches distresses all the subordinate ranks of mankind, and in its extremity must subvert government, drive ...

Google previewInternational Encyclopedia of Economic Sociology (2013)

by Jens Beckert, Milan Zafirovski

MIE AUGIER SCARCITY Scarcity is generally defined as the limited quantity of a resource or a factor of pro— duction. The main problem in classical political economy was diminishing mar— ginal returns in agriculture due to a perma— nent ...

Google previewA dictionary of diet; being a practical treatise on all pabulary and nutritive substances, etc (1834)

by J. S. Forsyth

The root of scarcity is a ...

Google previewEncyclopedia of Radio 3-Volume Set (2004)

by Christopher H. Sterling

Scarcity In a 1984 decision, the Supreme Court stated, “The fundamental distinguishing characteristic of the new medium...

Google previewThe SAGE Encyclopedia of Economics and Society (2015)

by Frederick F. Wherry, Juliet B. Schor, Consulting Editor

scarcity is tinged with envy, greed and meanness” and leads to materialism, while “adherents to the philosophy of abundance...

Google previewThe Concise Encyclopedia of American Radio (2010)

by Christopher H. Sterling, Cary O'Dell

Scarcity. In a 1984 decision, the Supreme Court stated, “The fundamental distinguishing characteristic of the new medium ofbroadcasting that, in our view, has required some adjustment in First Amendment analysis is that broadcast ...

Google previewEncyclopaedia Americana : a popular dictionary of arts, sciences, literature, history, politics, and biography, brought down to the present time (1836)

A scarcity of money can occur only when, 1. the material of which it is manufactured is deficient, or. 2. when those who are in want of it have nothing to give in exchange to its possessors. In the last case, there is no real deficiency of money, ...

Google previewAn analytical dictionary of the English language (1830)

by David Booth

Scarcity, (for which some have written Scarceness) is the state of ...

Google previewConcise Encyclopedia of Building and Construction Materials (1990)

by Fred Moavenzadeh

Measuring Natural Resource Scarcity There is no reason to believe that private market allocations of natural resources will guarantee that conservationist objectives will be realized. However, it is also unreasonable to conclude that the results ...

Google previewConcise Encyclopedia of Advertising (2014)

by Robert E Stevens, David L Loudon, Kenneth E. Clow, Donald Baack

scarcity. Scarcity appeals urge consumers tobuya particular product because of a limitation. In most situations, whena limited supplyof a product exists, the valueof thatproduct increases. The limitation can ...

Online dictionaries and encyclopedias with entries for Scarcity

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Photos about Scarcity

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scarcity

If you need related images for an article or a report, you can download stock photos:
Small photo of dried farm land during summer season due to water scarcitySmall photo of Black and white shot of an outdoor water spout. Can symbolize scarcity and limited resources.Small photo of Water scarcity or shortage problem concept photoSmall photo of Mountains with melting glaciers Concept: Climate change, Water Scarcity, Shrinking ice caps, AlpsSmall photo of Dry land: Dry land of the east hemisphere, occurs due to scarcity of water and less rainfallSmall photo of drought on the ground. water scarcitySmall photo of drought on the ground. water scarcity More...

Video language resources about Scarcity

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See also the pronunciation examples of Scarcity!

Quotes about Scarcity

There is no scarcity of opportunity to make a living at what you love; there's only scarcity of resolve to make it happen. (Wayne Dyer)
more quotes about scarcity...

Scrabble value of S1C3A1R1C3I1T1Y4

The value of this 8-letter word is 15 points. It is included in the first and second editions of the Official Scrabble Players Dictionary.

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