Another Word For Scarcity
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Meaning
Scarcity refers to the state of being in short supply or not having enough of something. It often implies that the demand for a resource exceeds the available amount, which can lead to competition and higher prices. Scarcity is commonly associated with natural resources such as water, food, or energy, but it can also pertain to products and services.
Synonyms
- Shortage
- Lack
- Deficiency
- Dearth
- Insufficiency
- Paucity
Antonyms
- Abundance
- Plenty
- Surplus
- Ample
- Sufficiency
- Availability
Etymology
The word "scarcity" comes from the Middle French word "scarseté," which means "scarcity" or "shortness." It is derived from "scarce," which traces back to the Latin "scarci," meaning "thin" or "scanty."
Examples
- During the drought, there was a notable scarcity of water in the region.
- The scarcity of affordable housing has become a significant issue in urban areas.
- Economists study how scarcity affects pricing and consumer behavior in the marketplace.
- In times of scarcity, people often have to make difficult choices about how to allocate their resources.