
Scarcity and Artificial Scarcity
In its simplest form, scarcity refers to the quantitative relationship between means and ends. When the means available to satisfy some ends are not enough, then a situation of scarcity arises. If the reverse is true, then a situation of abundance is present. Sufficiency arises when means and... Full description
1st Person: | Daoud, Adel |
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Source: | in: The Wiley Blackwell Encyclopedia of Consumption and Consumer Studies (New York, NY: Wiley Blackwell, 2015), p. 489-491 |
Type of Publication: | Article |
Published: |
2015 |
Series: |
Wiley Blackwell Encyclopedias in Social Science
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Keywords: |
economic sociology
> inequality
> political economy
> poverty
> resources
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Online: |
Full text via publisher Abstract |
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