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Economics - Financial Markets
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What is a real or made up but realistic example of a product that went through a time of scarcity, when demand was greater than the supply
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In 2012, avian flu wiped out millions of chickens in Mexico creating a scarcity of eggs, a stable of the Mexican diet. The gasoline shortage in the 1970's The depletion of forests in Thailand has led to a scarcity of wood, forcing individuals to take wood from demolished buildings in order to build new ones.
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