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Others, however, have used the term to denote the relative scarcity of written records regarding at least the early part of the Middle Ages. As the accomplishments of the era came to be better understood in the 19th and the 20th centuries, scholars began restricting the Dark Ages appellation to the Early Middle Ages ( c. 5th–10th century ...
The work opens with an explanation of scarcity, noting its relation to price; high prices denote relative scarcity and low prices indicate abundance.Simon usually measures prices in wage-adjusted terms, since this is a measure of how much labor is required to purchase a fixed amount of a particular resource.
relative abundance is the condition where the available quantities of useful goods with alternative uses are greater than the multiple, different human requirements. Economic theory views absolute and relative scarcity as distinct concepts and "...quick in emphasizing that it is relative scarcity that defines economics."
An evolutionary psychology explanation for dowry and bride price is that bride price is common in polygynous societies which have a relative scarcity of available women. In monogamous societies where women have little personal wealth, dowry is instead common since there is a relative scarcity of wealthy men who can choose from many potential ...
Scarcity value is an economic factor describing the increase in an item's relative price by a low supply.Whereas the prices of newly manufactured products depends mostly on the cost of production (the cost of inputs used to produce them, which in turn reflects the scarcity of the inputs), the prices of many goods—such as antiques, rare stamps, and those raw materials in high demand ...
Urban transportation is a theme of urban economics because it affects land-use patterns as transportation affects the relative accessibility of different sites. Issues that tie urban transportation to urban economics include the deficit that most transit authorities have and efficiency questions about proposed transportation developments such ...
The English monk Alcuin of York elaborated a project of scholarly development aimed at resuscitating classical knowledge by establishing programs of study based upon the seven liberal arts: the trivium, or literary education (grammar, rhetoric, and dialectic), and the quadrivium, or scientific education (arithmetic, geometry, astronomy, and music).
The tone of literary fiction can be darker than genre fiction, [31] while the pacing of literary fiction may be slower than popular fiction. [31] As Terrence Rafferty notes, "literary fiction, by its nature, allows itself to dawdle, to linger on stray beauties even at the risk of losing its way".