Geo-scarcity

The word geo comes from the Greek word γαια, which means Earth. Scarcity is the problem of having an infinite amount of human needs and wants, in a world with limited resources to satisfy everyone. Geo-scarcity specifically refers to a limited amount of resources from our natural environment. The lack of natural resources is the root of many of the main global problems we face today. These problems are seen all over the world, from the starvation that occurs in many parts of Africa, to the decreasing amounts of fish that fuel our fisheries here in Canada. A major resource that powers our world today is oil. At one point oil was not considered scarce, however, after an incredible increase in oil consumption in the last few decades, oil scarcity is becoming a shocking reality that will soon cause many changes to our lifestyle. If the use of scarce resources is not reduced, huge consequences could result, which occurred centuries ago on Easter Island, when an entire civilization died because they used up all of their trees.