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Dictionary
scarcities
noun
Plural of scarcity
synonyms
Exact(55)
President Nicolás Maduro branded Mr Hausmann a "financial hitman" and threatened him with prosecution.Another Venezuelan economist, Francisco Rodríguez of Bank of America Merrill Lynch, thinks that scarcities of basic goods stem from the government's refusal to adopt sensible exchange-rate policies.
In 1990, 20 countries suffered chronic water scarcities (that is, their yearly supply was less than 1,000 cubic metres of water per head), most of them in North Africa and the Middle East.
Sanctions have hit foreign investment in oil and gas production, and driven up the cost of doing business, but have yet to create scarcities for ordinary shoppers.
Many in Hong Kong blame an influx of Chinese shoppers for causing scarcities of goods by buying them to resell across the border.The sale and consumption of beef was banned in the west Indian state of Maharashtra, including India's biggest city, Mumbai.
Because of this, changes in prices reflect changing relative scarcities for factors, goods, and services, and they thereby enable market agents to plan and to bring their subjectively formed perceptions and expectations about market conditions into line with actual conditions.
With those scarcities came price increases, and chronic shortages were reported in a number of commodities, including detergents, soaps, and paper products.
In other words, the world is constantly changing and errors are constantly being made; but errors create profit opportunities for alert entrepreneurs, whose actions bring market prices back in line with underlying relative scarcities.
Similar(4)
Rising temperatures leading to greater water scarcity, sea level rises and extreme weather events may exacerbate tensions over natural resources and cause large numbers of people to become "climate refugees" as they migrate across borders.
Information goods undermine economic systems based on scarcity.
If Benkler is right, the real-world economy of the 21st century becomes itself a giant game, in which non-market forms interact with the classic models based on scarcity and competition.
Burrowes blames the scarcity of advertising dollars for the closure of mX.
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