Etymology
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scarcity (n.)

"insufficiency, want, dearth," c. 1300, scarsete, from a shortening of Anglo-French and Old North French escarcete (Old French escharsete), from eschars "scanty, scarce" (see scarce).

updated on January 18, 2022

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Definitions of scarcity from WordNet

scarcity (n.)
a small and inadequate amount;
Synonyms: scarceness
From wordnet.princeton.edu, not affiliated with etymonline.