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.
Madison Holleran, 19, a star member of University of Pennsylvaniaâs track team, died after she apparently jumped off a parking garage in Philadelphia on Friday. (Facebook) A beautiful and brainy University of Pennsylvania track star jumped to her death from a parking garage Friday after stressing out over grades, a family friend revealed Monday.