Scarcity | Medcram 45 Glossary | DL 1

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Scarcity

scarcity

noun [ S or U ]

/ˈskeəsəti/

a situation in which something is not easy to find or get:

a scarcity of sth There is a scarcity of skilled workers in the building sector.

(Definition of scarcity from the Cambridge Business English Dictionary © Cambridge University Press)

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