Factor scarcity (要素稀缺 yàosù xīquē) equals to scarce in that factor (该要素稀缺 gāi yàosù xīquē). It is the opposite of factor abundance, meaning that the supply of a certain factor of production in one country or region is less than that in another country or region.
- 要素 (yàosù) as in key factor (关键要素 guānjiàn yàosù) or common factor (共同要素 gòngtóng yàosù).
- 稀缺 (xīquē) as in scarce resources (稀缺资源 xīquē zīyuán) or in short supply (供应稀缺 gòngyìng xīquē).
Factor scarcity (要素稀缺 yàosù xīquē) word examples:
Also see: factor.» Add a new term or correction« Back to Glossary Index