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.
He was 64. Wilson died of liver cancer Wednesday night at his Malibu home with his daughter, Michelle, by his side, said Angie Hill, the comedian's assistant. He had undergone surgery Oct. 2 for a malignant tumor that was close to his liver. He passed very peacefully in his sleep, Ms. Hill said.