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.
(CNN)Former soap opera actor Nathaniel Marston died after being seriously injured in a car crash, his representative confirmed. He was 40 years old. Marston, who played Michael McBain on One Life to Live from 2004 to 2007 after starring as Alonzo Al Holden on that show from 2001 to 2004, was involved in a single-car accident in Reno, Nevada, on October 30. Soap actor Nathaniel Marston injured in crash.