situation that arises when demand for a good or service is greater than the supply of that good or service.

c. 1300, from Old North French escarcete (Old French escharsete), from eschars (see scarce).

A pervasive condition of human existence that exists because society has unlimited wants and needs, but limited resources used for their satisfaction. In other words, while we all want a bunch of stuf [..]

a small and inadequate amount (scarce) barely: only a very short time before; "they could barely hear the speaker"; "we hardly knew them"; & [..]

An economic principal that dictates the price of a good or service through the interaction of supply and demand. When an item is scarce, its price tends to rise, given a constant demand. Real Estate is a classic example of scarcity.

a very small supply of something, so that there is not enough to go round

n. Insufficiency of supply for needs or ordinary demands.

Definition A lack of supply of some commodity or item; in real estate terms, the scarcity of available properties (supply) tends to lead to an increase in prices if the number of buyers is high (deman [..]

To dream of scarcity, foretells sorrow in the household and failing affairs.   

a lack of something, like money, natural resources, etc. Scarcity forces you to make choices about how you use or treat whatever is scarce.

The condition that exists because human wants exceed the capacity of available resources to satisfy those wants; also a situation in which a resource has more than one valuable use. The problem of scarcity faces all individuals and organizations, including firms and government agencies.

The condition that exists because there are not enough resources to produce everyone's wants.

The fact that human wants exceed the means of satisfying them.

(n) a small and inadequate amount

An economic principal that dictates the price of a good or service through the interaction of supply and demand. When an item is scarce, its price tends to rise, given a constant demand. Real Estate i [..]

The notion of scarcity plays a central role in economic theory. Indeed, some economists consider it essential for a proper definition of economics ...

A physical or economic condition where the quantity desired of a good or service exceeds the availability of that good or service in the absence of a rationing system.

A pervasive condition of human existence that exists because society has unlimited wants and needs, but limited resources used for their satisfaction. In other words, while we all want a bunch of stuf [..]

The basic economic situation — limited resources and unlimited wants.

lang=en 1800s=1813 * '''1813''' — . ''''. *: Elizabeth Bennet had been obliged, by the scarcity of gentlemen, to sit down for two dances; and during part of that time, Mr. Darcy had been standing n [..]

refers to the fact that human wants are virtually unlimited while resources are limited.

A psychological tactic that taps into people’s fear of missing out to drive action. One of Robert Cialdini’s Six Principles of Persuasion, scarcity could entail adding copy such as “Limited time offer [..]