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Definition of Scarcity

Scarcity

  1. The quality or condition of being scarce; smallness of quantity in proportion to the wants or demands; deficiency; lack of plenty; short supply; penury; as, a scarcity of grain; a great scarcity of beauties.

Scarcity Quotations

Saving our planet, lifting people out of poverty, advancing economic growth... these are one and the same fight. We must connect the dots between climate change, water scarcity, energy shortages, global health, food security and women's empowerment. Solutions to one problem must be solutions for all.
Ban Ki-moon

The scarcity trap captures this notion we see again and again in many domains. When people have very little, they undertake behaviors that maintain or reinforce their future disadvantage. If you have very little, you often behave in such a way so that you'll have little in the future.
Sendhil Mullainathan

The waste of plenty is the resource of scarcity.
Thomas Love Peacock

A conversation is a dialogue, not a monologue. That's why there are so few good conversations: due to scarcity, two intelligent talkers seldom meet.
Truman Capote

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.
David Ricardo
More "Scarcity" Quotations

Scarcity Translations

scarcity in German is Knappheit, Mangel
scarcity in Italian is strettezza
scarcity in Spanish is escasez
scarcity in Swedish is knapphet
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