scarcity etymology

Etymology:

• From Middle English scarsité, from Anglo-Norman French escarsité, from Latin scaritas, from scarus ("thin, lean, spare").

Meaning:

Scarcity refers to a condition in which available resources are inadequate to meet the needs of a population or system.

Origin:

The Latin word "scarus" originally referred to the physical thinness or leanness of a person or animal. Over time, its meaning extended to include the concept of lack or insufficiency. In the 14th century, the term "scarcity" emerged in English to describe a situation where goods or resources were in short supply.

Since then, the concept of scarcity has been used extensively in economic theory, referring to the limited availability of resources compared to the seemingly infinite wants and needs of individuals and societies. It plays a fundamental role in determining market prices, allocation of resources, and economic policies aimed at managing scarce resources effectively.

scarcity relate terms

• scarce

  Etymology The word scarce is derived from the Old French word eschars meaning stin

• excerpt

  Etymology The word excerpt comes from the Latin word excipere which means to take

• carpel

  Etymology The term carpel comes from the Greek word karpos which means fruit Me

• carpet

  Etymology The word carpet comes from Old French carpite which in turn derives from

• carpo

  Etymology Ancient Greek καρπός karpós fruit crop produce Proto Indo Euro

• excerpt

  Etymology The word excerpt comes from the Latin word excipere which means to take

• harvest

  Etymology The word harvest comes from the Old English word hærfest which is derived

• scarce

  Etymology The word scarce is derived from the Old French word eschars meaning stin

• scarcity

  Etymology From Middle English scarsité from Anglo Norman French escarsité from Lati

• dearth

  Etymology Middle English derth from Old English deore dear precious costly Proto

• scant

  Etymology Middle English scant from Anglo French escant from Old French escant from

• hunger

  Etymology The word hunger comes from the Old English word hungor which is derived f

• dear

  Etymology Etymology is the study of the origin and history of words It seeks to trace th

• thread

  Etymology The word thread traces its origins back to the Old English word thræd whi

• infrequency

  Etymology In prefix denoting negation frequency from Latin frequentia frequent o

• deficiency

  Etymology Latin deficientia from deficere to desert fail Origin deficere from de

• fortune

  Etymology From Middle English fortune noun and verb from Old French fortune from La

• psychology

  Etymology Psycho from Greek psyche meaning mind soul or breath logy from Gree

• Nicholas

  Etymology Greek Νικόλαος Nikólaos Meaning Victory of the people or