Risk of Scarcity.

[Iphomme]

     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.

[1715367126]

1715367126

[1715367126]

1715367126

[1715367126]

1715367126

[1715367126]

1715367126

[Ucy]

Thought it's about currency scarcity, which actually makes both small and big investors in deflationary cryptocurrency have more to spend on things they need.
In regards to the scarcity of basic goods and services, that typically results from not producing enough of the basic goods and services to meet demand. And this could also cause their prices to increase. I think people should use the money they earn to produce more rather just consuming. A society could alternatively (or in combination with the self help) invest more in the production/producers that's based on merit. Producers could be scored based on how fast they can produce good things without compromising on safety standards. You reward the best with more temporal lands, equipments, funds etc to produce more. I would invest more in medium/small-scale producers who are good at what they do.  You could easily get them to follow the reasonable health safety rules. Those who are reckless may even work under those who are cautious & good at what they do, to learn how to produce the right way without compromising on safety standards

[Kittygalore]

The problem is that a lot of governments around the world doesn't have an efficient and clear plans regarding supply chain so most of the time, a lot of the resources are wasted because of the inefficient management in the supply chain. If we create a direct farm to market for supply chains, I am sure that we are able to solve the problem of scarcity. Another thing worth mentioning is that the proper storage should be robust and adaptable to prolong the shelf life of perishable supplies.

[Reid]

A big problem if one country is not prepared for the future.
The pandemic came and most leaders didn't even know what to do. Close the airports and lose tourism but with the risk of getting the sickness from a different country.
Then there is the lower class that lost their jobs with businesses closing to avoid scattering the sickness. (not a necessity business)
Scarcity just as you said is also because of that reason. They are not letting businesses run in full swing to avoid employees from physical contact.
It's the sad truth but all we can do is wait and survive until everything goes back to normal.

[paxmao]

If I get you right, you are talking about the issues with supplies that are currently happening across the globe. It is well know that we seem to be in what is called a commodities supercycle due to increasing activity after the pandemic meeting the insufficient production of some critical raw materials due to the pandemic. Some of these, such as wood take quite a bit to recover and are greatly influencing prices. In poorer countries this means that there will not be enough.

[Mauser]

     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.

I find it a big problem as well that the supply chain management changed the world so much. Companies are afraid to do inventory, everything needs to be done just in time. There is no room for error. In the food industry it is the most dangerous. What if we have 1 year of bad crops with only 20% return compared to the average yield? This is very dangerous. We can already see the problems right now in Africa and south America. I read in an article that in Brazil 1 out 6 people don't have enough food right now. That is terrible, we should do better.

[Hydrogen]

Is it scarcity. Or is it merely an escalation in trade deficits and trade wars which have perpetuated for many years now.

For many years the USA imposed trade sanctions on rogue states like north korea, russia and iran.

Recent events in the USA involving semiconductor shortages, parts shortages and fuel shortages are generally what happens to a nation when it is hit by economic sanctions.

I don't think it really matters what's happening now. No one remembers the trade wars when Donald Trump was President. No one remembers that those trade wars did not necessarily end.

[electronicash]

watching the news all the time will help you see how these trade wars are going to affect economies. the grocery stores normally is filled with unlimited products but today there are stores that has empty shelves. scarcity of toilet papers was the first to be reported when pandemic started.

there is actually a token project that tries to solve  Supply Chain Management (SCM) and thats Vechain (VET). i have no updated information about the project but their token is pretty bullish.

[hannahB4]

This has a lot of effect on my economy even before the pandemic we have been experiencing more import of goods and services than the import rate. Prices of goods and services have been on the high side since the pandemic and we are still facing it.

[semobo]

Due to the pandemic the demand for food products increased a lot, and certain products faced down as well which means that people stacking the food products more than what they needed due to the fear of lockdown which is what we saw exactly in 2020 in many countries.

But do these issue still exists?

[iamsheikhadil]

I don't think we will have much problem to grow more resources for the more population because we are technologically (specially in biodiversity) much advanced, that we can artificially create foods on a large scale if necessary. The people getting jobless is a big problem, but, the disease is also bad and should be controlled, while those people can try to earn something from online or use their savings for this pandemic, but another issue is, this lockdown is making people to reproduce more and adding more to population which needs to be controlled a bit

[zanezane]

This has a lot of effect on my economy even before the pandemic we have been experiencing more import of goods and services than the import rate. Prices of goods and services have been on the high side since the pandemic and we are still facing it.

If a country doesn't support their local produce then an increase is really going to happen since import of goods is an expensive thing plus the time its shipped gets delayed, the more it becomes expensive. This isn't a pandemic problem, this has been happening for a long time.

[Gozie51]

Scarcity is not an issue created in vacuum but it is created by humans and especially those in government. The government has all it takes to create a well developed supply chain but because they lack proper planning (especially less developed countries), then scarcity will be created. For example, when talking about demand and supply, you need good roads, proper communication levels or good internet connection. All these are important to get supplies down to final consumer. As to the cryptocurrency, it has taken the advantage of modern life. The digital is creating a good value chain through the blockchain and it makes life easier.

[DoublerHunter]

^ Scarcity is the twin abundance, this problem has been there since the first generation. However, people don’t lose their source of food. They just lose a source of food of what they wanted but when you look at your surroundings and where you came from, there is a lot of things to fill your stomach. The only problem in most of the countries is that they tend to have metro cities where people tend to go just to earn more money. If countries have the initiation to generalized wages to all of the parts of their countries, I don’t think scarcity is a problem. People will have their cost of living cut and go back to their origins so metro cities will become more air to breathe and a source of food to share.

[ReiMomo]

It has been said many times, but scarcity is inevitable especially for people who are clinging to go to cities where the cost of living is very much expensive and all of the sources are generally imported from different countries.

The problem is, countries and their governments find it hard to manage the sources because we all know that all of the countries are having hard times managing their own supplies, as well.

Well then, I think we should start digging holes and planting seeds that we will then soon eat. Scarcity has been there since day one. But we all have to survive and not blame anyone for it.

[adzino]

     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product.

Its all politics. Scarcity is sometimes created on purpose. It's not because of high population or poverty or lack of interested. It's done to jack up the price. They form syndicates with one common interest, to sky rocket the price. Those artificial scarcity allows those monopoly market to make huge profit, but it ends up hurting the economy in the long run.

Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.

Might be true for 3rd world countries, but rest of the word is doing good. Haven't heard of any country suffering from food shortages due to pandemic.

[Ucy]

Due to the pandemic the demand for food products increased a lot, and certain products faced down as well which means that people stacking the food products more than what they needed due to the fear of lockdown which is what we saw exactly in 2020 in many countries.

But do these issue still exists?

The lockdown almost made people unable to work and feed properly until it was lifted early last year where I live.
I would be surprised to see people go hungry or starve with no major crisis to cause that. Lots of staple Foods produce by local farmers are pretty cheap and not lacking in supply. If you want to hear about huge inflation, hunger and starvation happening around you, listen to the News. They seem to like reporting such things even when everyone is busy working, feeding themselves and not begging for food. You see very few beggers once in a while... If you ask even those making alot of money in your presence about the economy, they'll likely tell you they need money or there is no money anywhere.

They media tend to bring hopelessness to situations and does encourage society/people to greedy, unthankful, always complaining, even those that have enough.
Bees, ants and others animals are hardly seen dying of hunger in the midst of plenty. They have been working hard and feeding themselves, why not humans?

[Silberman]

     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.

A great deal of the problem has to do with governments not giving priority to produce locally the products and services that they need, I can understand that it is not possible to do this for every single product but you could reduce your dependency on the supply chain if food was produced locally and yet we do not see this, it is cheaper to produce the food far away and then bring it and when things like a pandemic happens then it is difficult to bring the food where it is needed.

[just_Alice]

I don't think we will have much problem to grow more resources for the more population because we are technologically (specially in biodiversity) much advanced, that we can artificially create foods on a large scale if necessary. The people getting jobless is a big problem, but, the disease is also bad and should be controlled, while those people can try to earn something from online or use their savings for this pandemic, but another issue is, this lockdown is making people to reproduce more and adding more to population which needs to be controlled a bit

What exactly do you mean by "artificial food"? Yes, there are new technologies, that allow you to grow crops in artificial conditions, not depending on the season, there are even recent developments that allow you to create artificial meat of some sort.
However, though it gives us some freedom in terms of time frames, conditions, and these technologies can be adjusted to pandemic more easily, all of them still require some resources: light (which requires energy, which is, if not solar, still limited), culturing media, reagents for the technologies.
Nothing can be created out of the thin air and the key here is managing the supplies properly, ideally, by implementing recycling technologies, IMO.

[dothebeats]

I don't think there is already a scarcity going on. Most raw materials are still being harnessed on a large scale on most sources, but the processing however is somewhat on a slower scale considering that the pandemic is still out and about, and health restrictions are still out there to control the spread. What's happening rather is the continuous back and forth of trade embargoes, penalties, and restrictions imposed by one country to another, causing delays in shipments, an artificial shortage in supplies, and a lot more problems in the economy. We still have loads of resources to get, although of course we need to harvest them sparingly and replace them as fast as we could, but the egos of world leaders add up to this shortage of supply on most parts of the world. It's like they're playing a chess game wherein we are all the pieces that can easily be disposed.