Etymology:
Meaning:
Scarcity refers to the limited availability or supply of something in relation to its demand. It is characterized by a situation where there is less of something than is desired or needed.
Origin:
The word "scarcity" originally derives from the Latin word "scarus," meaning "rare" or "infrequent." The term "scarcity" emerged in the 16th century, during the Renaissance period. It was initially used in economic contexts to describe situations where goods were scarce and valuable.
Usage:
The term "scarcity" is commonly used in economics, environmental studies, and social sciences to describe the limited availability of resources, goods, or services. It is often contrasted with "abundance," which refers to a situation where there is plenty of something available.
Examples:
Etymology The word scarce is derived from the Old French word eschars meaning stin
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Etymology In prefix denoting negation frequency from Latin frequentia frequent o
Etymology Latin deficientia from deficere to desert fail Origin deficere from de
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