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.
UPDATE: David Beadorâs mistress has been identified as Nicole McMackin by Daily Mail. Get all the information on her by clicking here. Upon hearing that Shannon Beadorâs husband David had an affair, viewers of Real Housewives of Orange County were stunned. Throughout the season, Shannon and David have been dealing with the aftermath of his cheating, trying to work through the pain.