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economy of scarcity

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  • Scarcity — (also called paucity) is the problem of infinite human needs and wants, in a world of finite resources. In other words, society does not have sufficient productive resources to fulfill those wants and needs. Alternatively, scarcity implies that… …   Wikipedia

  • Economy of Morocco — 100 Moroccan dirham Rank 54th Currency Moroccan Dirham (MAD) …   Wikipedia

  • Economy of Thailand — Rank 30th (nominal) / 23rd (PPP) Currency Thai baht (THB) …   Wikipedia

  • Economy of Norway — Currency 1 Norwegian krone (NOK) = 100 øre Fiscal year Calendar year …   Wikipedia

  • Economy of the Confederate States of America — The Confederate States of America had an agrarian based economy that relied heavily on slave worked plantations for the production of cotton for export to Europe and the northern US states. If ranked as an independent nation, it would have been… …   Wikipedia

  • Economy — For other uses, see Economy (disambiguation). Economics …   Wikipedia

  • Economy of Iran — The economy of Iran is a transition economy where a continuing strong labour force growth unmatched by commensurate real economic growth is driving up unemployment to a level considerably higher than the official estimate of 11%. [… …   Wikipedia

  • Economy of Communist Czechoslovakia — In the mid 1980s, Czechoslovakia was one of Eastern Europe s most industrialized and prosperous countries. Although levels of consumption were well below those common in Western Europe, inhabitants of Czechoslovakia enjoyed a standard of living… …   Wikipedia

  • Economy of South Korea — The economy of South Korea is the third largest in Asia and the 13th largest in the world by GDP (PPP) as of 2007. In the aftermath of the Korean War, South Korea grew from a poor developing country to a wealthy developed country. From the mid to …   Wikipedia

  • Economy of Yemen — Infobox Economy country = Yemen currency = Yemeni rial (YER) year = Calendar year organs = GAFTA rank = 117th gdp = $20.38 billion (2006) growth = 3.2% (2006) per capita = $900 (2006) sectors = agriculture: 12.5%, industry: 43.8%, services: 43.7% …   Wikipedia

  • Economy of South India — The Economy of South India is largely agrarian, dependent on monsoons, as are most people in India. Some of the main crops cultivated in South India include rice, sorghum, and ragi . South India was and still is the promised land as far as spice… …   Wikipedia

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