4 days ago · As the number of skilled tradespeople dwindles in the U.S., Walmart is building up its own workforce to keep conveyor belts moving and refrigerated grocery cases cold.

In economics, a shortage or excess demand is a situation in which the demand for a product or service exceeds its supply in a market. It is the opposite of an excess supply (surplus).

Sep 5, 2025 · What Is a Shortage? An economic shortage occurs when demand for a product or service exceeds its supply at market price, disrupting equilibrium. Unlike scarcity, shortages are often …

SHORTAGE meaning: 1. a situation in which there is not enough of something: 2. a situation in which there is not…. Learn more.

Mar 20, 2025 · In economic terms, a shortage refers to a situation where the quantity of a product or service demanded exceeds the quantity supplied at the prevailing market price.

The meaning of SHORTAGE is lack, deficit. How to use shortage in a sentence.

shortage in British English (ˈʃɔːtɪdʒ ) noun a deficiency or lack in the amount needed, expected, or due; deficit

Sep 8, 2024 · A shortage in economics refers to a situation where the demand for a good or service exceeds its supply in the market. This discrepancy arises when consumers are willing and able to …

Drug shortages can adversely affect drug therapy, compromise or delay medical procedures, and result in medication errors. ASHP and its partners keep the public informed of the most current drug …

short•age (ˈʃɔr tɪdʒ) n. 1. a deficiency in quantity: a shortage of cash. 2. the amount of such deficiency.