the economics of scarcity

English translation: he means scarcity of resocurses

04:32 Aug 15, 2009
English language (monolingual) [PRO]
Bus/Financial - Investment / Securities
English term or phrase: the economics of scarcity
"If I had one dollar to spend today,"said Immelt, "I would invest in solving the biggest problem today-the economics of scarcity."
Shirley Fan
Local time: 12:32
Selected answer:he means scarcity of resocurses
Explanation:
shortage of wood/water/whatever

talks about investing into energy-saving technologies etc.
Selected response from:

danya
Local time: 07:32
Grading comment
thanks
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
3he means scarcity of resocurses
danya
3managing need/short supply
Rolf Keiser
Summary of reference entries provided
Try reading these to get an understanding
PRen (X)

  

Answers


13 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
he means scarcity of resocurses


Explanation:
shortage of wood/water/whatever

talks about investing into energy-saving technologies etc.

danya
Local time: 07:32
Works in field
Native speaker of: Native in RussianRussian
PRO pts in category: 8
Grading comment
thanks
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8 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
managing need/short supply


Explanation:
handling every kind of need, not only dwindling resources

Rolf Keiser
Switzerland
Local time: 06:32
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
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Reference comments


5 hrs
Reference: Try reading these to get an understanding

Reference information:
http://www.gato.co.uk/politics/optimum.htm
http://accidentallyonpurposeblog.com/?p=31

PRen (X)
Canada
Native speaker of: Native in EnglishEnglish
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