👉 Oversaturation is a situation where an individual's level of consumption or use exceeds their available resources, leading to waste and overconsumption. It can occur in several contexts, such as food, water, energy, or other resources. In economics, oversaturation refers to the point at which the rate of production exceeds the rate of consumption. When a market is saturated with an abundant supply of goods, it becomes increasingly difficult for new producers to enter the market and create demand for those products