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.
Tweet on Twitter. In the hours following the news of Kimbo Sliceâs passing Monday night (Jun 6), the MMA fighterâs alleged cause of death was revealed by his training partner. Slice (real name: Kevin Ferguson) died of apparent heart failure, his training partner Tyler Cook said. Though details regarding Kimboâs death have yet to be officially disclosed, Cook revealed in a comment on Facebook that Slice died as the result of a heart attack. âI just got a phone call, said his heart quit,â Cook said in another message.