Scarcity development cycle
id:
scarcity-development-cycle-300-4881167
title:
Scarcity development cycle
text:
The scarcity development cycle refers to the process all products and services undergo through continual use within the business cycle. When new resources are created, demand rises; this causes prices to fall. The high demand eventually leads to all the easily accessible reserves of the product being exhausted and resources become scarce. The scarcity raises prices which stimulates research and development. New technologies created as a result of this research lead to substitution, reuse and rec
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Scarcity_development_cycle
date created:
date modified:
2023-07-08T01:16:41Z
main entity:
{"identifier":"Q16917775","url":"https://www.wikidata.org/entity/Q16917775"}
image:
fields total:
13
integrity:
13