poverty applies to people (lacking in wealth or lacking in the basic necessities to sustain life).
scarity applies to resources. (lacking in amount or in supply)
a person is impoverished.
there can be a scarcity of food.
a person is not scarcity.
food is not impovershied.
There is no difference.
There seems to be no difference between these words in modern times. Historically a scarcity referred to an amount that was restricted in quantity. A shortage was something that was less than the original required amount. Or less than the scarcity
These two words can mean the same thing.
These two words can mean the same thing.
hunger, poverty, and malnutrition
scarcity
A shortage can be temporary or long-term, but scarcity always exists.
Scarcity refers to something that is difficult to find. A shortage implies that there is a certain need for the item and that there is not enough of it.
privation deprivation lack poverty scarce
A wealth gap is the difference between rich and poor people. Scientists use this word to help them discuss the poverty in foreign countries. A wealth gap is the difference between rich and poor people. Scientists use this word to help them discuss the poverty in foreign countries.
Physical scarcity refers to the actual shortage of a resource due to its limited availability in nature, such as water or fossil fuels. In contrast, economic scarcity arises from the imbalance between limited resources and unlimited human wants, leading to competition for those resources. While a resource can be physically abundant, it may still be economically scarce if it is not accessible or affordable to those who need it. Essentially, physical scarcity is about the resource itself, while economic scarcity focuses on the allocation and distribution of that resource.
difference between the price of ration shop and grocery shop for family below poverty line