strategy
Hoarding
Synonyms:
Selfish acquisitiveness Description:
Amassing and storing resources, money, food or other valuable goods for the purpose of personal use or sale in times of shortage. Claim:
Hoarding increases the scarcity of the resource and thereby increases its value. Counter Claim:
1. Hoarding damages the economy by taking goods out of circulation.2. Hoarding arises mainly as a hedge against the risk of future shortages and thus accentuates the very problem it is meant to overcome.
Modesty and unselfishness -- these are the virtues which men praise -- and pass by. (Andre Maurois).
Broader:
Abusing the market Constrains:
Using tradable permits Facilitates:
Using food shortage Problems:
HoardingSubjects:
Commerce → Purchasing, supplyingCommerce → Merchandise
Psychology → Behaviour
Type Classification:
D: Detailed strategies Related UN Sustainable Development Goals:
