Scarcity is bad for the market; most market’s economy is suffering from scarcity in various ways that keep the stock market un safe to invest in. Scarcity is a situation where goods or product needed are not available as needed. There are many types of scarcity some are; food scarcity, money, clothes, crude Oil, water and so on. Sometimes scarcity of goods may be life treating, for example a country suffering from electricity or food scarcity, this are life based survival product, some people need electricity to stay on life support while some need food to stay healthy. We can see scarcity from different point of views, as long as it is needed and it is not available, it is considered scarce or it is only available in small quantity is also considered scarce. A situation like this may affect the market in terms of product prices, it usually leads increase in prices of a product and it as a result affect the consumer’s spending that also affect the stock market down the line.
Do You think BP will survive
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Scarcity
Monday, June 7, 2010
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