Scarcity
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In economics, scarcity refers to the basic fact of life that there exists only a finite amount of human and nonhuman resources which the best technical knowledge is capable of using to produce only li
People queue up for soup and bread at relief tents in the aftermath of the Great Seattle Fire of June 6, 1889
Resource depletion
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Resource depletion occurs when a natural resource is consumed faster than it can be replenished. The value of a resource depends on its availability in nature and the cost of extracting it. By the law
Scarcity
…Post-scarcity economy Resource depletion Scarcity heuristic…
Tar sands in Alberta, 2008. Oil is one of the most used resources by humans.
Deforestation of the Amazon rainforest in Brazil's Maranhão state, 2016
Deforestation in Riau province, Sumatra, Indonesia to make way for an oil palm plantation in 2007.
Deforestation in the city of Rio de Janeiro in Brazil's Rio de Janeiro state, 2009