👉 In economics, "superdemand" refers to a situation where there is an overabundance of a good or service. In other words, if there is too much of something, it becomes very expensive and difficult for people to obtain. This can lead to a shortage and economic instability. For example, in the United States, during recessions when businesses are struggling to survive, superdemand may occur as consumers rush to purchase goods before prices go up or because they cannot afford to wait for their turn
