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Unemployed men queue outside a depression soup kitchen in United States during the Great Depression.
Unemployed men queue outside a depression soup kitchen in United States during the Great Depression.
A 2014 image of product shortages in Venezuela
A 2014 image of product shortages in Venezuela
Empty supermarket shelves in the dry pasta section due to panic-buying as the result of the 2020 COVID-19 outbreak
Empty supermarket shelves in the dry pasta section due to panic-buying as the result of the 2020 COVID-19 outbreak
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In retail stores, when a business ends up with too much of a certain product, which remains unsold at its longstanding price (such as unsold summer cl
In retail stores, when a business ends up with too much of a certain product, which remains unsold at its longstanding price (such as unsold summer clothing as the colder season approaches), the store will typically discount the price until the excess stock is sold, a simple example of "market clearing."