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.
EXCLUSIVE: This is the woman who cheated with husband of RHOC's Shannon Beador in a sordid eight-month affair - and then befriended the reality star to 'probe for info to break up the couple'. 1  David Beador has been married to Real Housewives of Orange County star Shannon for 15 years - yesterday was their wedding anniversary.