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.
She was only 31, when she gave an Academy Award-nominated performance in The Unsinkable Molly Brown (1964). She survived losing first husband Eddie Fisher to Elizabeth Taylor following the tragic death of Michael Todd. Her second husband, shoe magnate Harry Karl, gambled away his fortune as well as hers. With her children as well as Karl's, she had to keep working and turned to the stage.