“Scarcity Explained: Why We Can’t Have It All”

What is Scarcity in 60 Seconds #economics #basiceconomics

Scarcity Definition of Economics by Lionel Robbins

Economics Explained: Scarcity, Choices, and Real-World Examples

The Mindset Shift: Scarcity vs. Abundance

Scarcity trauma, rooted in experiences of lack and deprivation, can manifest in various ways: one common expression is hoarding. 🛍️ Hoarding often stems from a deep-seated fear of not having enough in the future. Those who have experienced scarcity trauma may accumulate possessions, even if they are unnecessary, as a way to create a sense of security. 😰 This behavior can be challenging to overcome because it represents an attempt to regain control over circumstances that once felt overwhelming