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).

Facilitates:
Using food shortage
Problems:
Hoarding
Subjects:
Purchasing, supplying
Merchandise
Behaviour
Type Classification:
D: Detailed strategies