Factor scarcity (要素稀缺)

Synonyms:
scarce in that factor (该要素稀缺 gāi yàosù xīquē)

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.

Factor scarcity (要素稀缺 yàosù xīquē) word examples:

  1. Scarce factor of production (生产稀缺要素 shēngchǎn xīquē yàosù).

Also see: factor.

» Add a new term or correction« Back to Glossary Index