Outrageously Funny Word Dictionary :: Spareness

👉 "Spareness" in the context of economics refers to a state or condition of being unable to produce goods or services due to lack of resources, such as time, money, or other necessary factors. This can occur when there is insufficient material or labor available for production, which leads to delays and reduced output. In practical terms, "spareness" might refer to the inability to produce a certain product because it requires more resources than the current market demand allows for. For example, if

spareness