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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

The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
Thomas Sowell

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

Chronic malnutrition, or the lack of proper nutrition over time directly contributes to three times as many child deaths as food scarcity. Yet surprisingly, you don't really hear about this hidden crisis through the morning news, Twitter or headlines of major newspapers.
Cat Cora

There is no scarcity of opportunity to make a living at what you love; there's only scarcity of resolve to make it happen.
Wayne Dyer

No complaint... is more common than that of a scarcity of money.
Adam Smith
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