scarce resource

Not enough available

A scarce resource is something useful that exists in limited supply relative to demand.

Economics treats most goods as scarce resources—time, money, oil, clean water, skilled labor.

The concept drives economic theory: if resources weren't scarce, there would be no need to allocate them.

Attention has become the scarce resource of the digital age.

Related

shortage · hoarding · rationing · bread line · drought · survival mode · famine · gold · water · oil · fossil fuel · liquid gold · depleted · bare cupboard · dwindling · coveted · rare · valuable

Opposites
availability/abundance

scarce resourcesurplus

Amount exceeding requirement

overabundance · glut · plenty · bounty · oversupply

economic status/value dynamics

scarce resourcepublic good

Non-excludable shared benefit

commodity · air · sunlight

Family

scarce, scarcely, scarceness, scarcity, resource, resources, resourced, resourceful, resourcefully

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G