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: UPenn Track Star Jumps To Death. 1  So sad. Madison Holleran, a promising 19-year-old track star at the University of Pennsylvania, committed suicide in Center City, Philadelphia on Jan. 17 without giving any hint to her unhappiness. Just an hour before her death, she posted a beautiful photo of a sunset to her Instagram account.