scarcityˈskɛər sɪ ti
scarcity (n)
- plural
- scarcities
English Definitions:
scarcity, scarceness (noun)
a small and inadequate amount
scarcity (Noun)
the condition of something being scarce or deficient
scarcity (Noun)
an inadequate amount of something; a shortage
Scarcity
Scarcity is the fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources. It states that society has insufficient productive resources to fulfill all human wants and needs. Alternatively, 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." In biology, scarcity can refer to the uncommonness or rarity of certain species. Such species are often protected by local, national or international law in order to prevent extinction.
Citation
Use the citation below to add this dictionary page to your bibliography:
Style:MLAChicagoAPA
"scarcity." Kamus.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.kamus.net/english/scarcity>.
Discuss this bahasa indonesia scarcity translation with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In