Scarcity is defined as a state of something being in short supply.
An example of scarcity is when there is only a tiny amount of a crop produced because of drought and there is not enough to feed the whole town.
- the condition or quality of being scarce; inadequate supply; dearth
- rarity; uncommonness
Origin of scarcityMiddle English scarsite ; from Norman French escarseté
- Insufficiency of amount or supply; shortage: a scarcity of food that was caused by drought.
- Rarity of appearance or occurrence: antiques that are valued for their scarcity.
(countable and uncountable, plural scarcities)