relative scarcity
Frequency: 5.03.2 per million words
Scarcity in comparison to demand or other resources.
Categories:
Examples (10)
- Despite abundant natural resources, the region suffers from relative scarcity of clean drinking water.
- The high price of housing in the city is a result of relative scarcity of available land.
- Economists often discuss the concept of relative scarcity in relation to human wants.
- Even in wealthy nations, there can be relative scarcity of certain specialized skills.
- The relative scarcity of fresh produce in winter drives up prices.
- Understanding relative scarcity is crucial for effective resource management.
- Due to the relative scarcity of job opportunities, many graduates moved abroad.
- The island's unique ecosystem is threatened by the relative scarcity of untouched natural habitats.
- Companies compete fiercely for talent because of the relative scarcity of highly qualified engineers.
- The government addressed the relative scarcity of affordable housing with new policies.