Word info

artificial scarcity

Noun

Meaning

artificial scarcity (countable and uncountable, plural artificial scarcities)

Scarcity of items despite the available technology for production or the sufficient capacity for sharing.

Source: en.wiktionary.org

Examples

Government control gives rise to fraud, suppression of Truth, intensification of the black market and artificial scarcity. Above all, it unmans the people and deprives them of initiative, it undoes the teaching of self-help. Mahatma Gandhi

Artificial scarcity can hardly serve as a justification for the legal framework that causes that scarcity. Source: Internet

Artificial scarcity, on the other hand, is the outcome of such arrangements. Source: Internet

Close letter words and terms