Definitions and Basics. In economics, scarcity refers to limitationsâinsufficient resources, goods, or abilities to achieve the desired ends. Figuring out ways to make the best use of scarce resources or find alternatives is fundamental to economics. Scarcity and Choices, at SocialStudiesforKids.com. Think of a thing that you like to have.
Unfortunately for the group, Shannon Hoon, lead singer for Blind Melon, is now dead. He died of an accidental overdose of cocaine and alcohol on October 21, 1995. He was known to have a taste for hard drugs and had been to rehab earlier in the year.
Share this story. Josh Ryan Evans (Timmy, Passions) passed away Monday, August 5th at a San Diego hospital due to complications from a preexisting heart condition. The actor was 20. Evans was stricken by achondroplasia, a genetic disorder that restricts cartilage growth and physical development.