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.
As Real Housewives of Orange County star Shannon Beador continues to defend herself against accusations her husband assaulted her, more details are now emerging about the couple's past. Several reports published around the time the 52-year-old joined the cast of the Bravo reality show in 2013 claimed David was once arrested for battery. The 51-year-old, who owns Beador Construction Inc., was charged with misdemeanor counts of assault and 'battery against a cohabitant' in February 2003.