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.