It is a noun.
Yes, the word 'scarcity' is a noun, a word for an insufficiency of amount or supply; a shortage; a word for a thing.
The scarcity of the books in the library shocked me.
shortage scarcity
There is lot of water scarcity in my locality.
Scarcity
Antonyms are 'a few, lack, little, need, scarcity, want'
The noun 'scarcity' is a word for not enough to satisfy what is needed; the resources are finite, cannot meet the need, which is infinite.
Yes, the word 'insufficiency' is a synonym for 'scarcity'. Other synonyms are: shortage, dearth, or lack.
Scarcity is the state of being in a short supply. An example of using it in a sentence would be "The scarcity of water caused the state to pass water rationing laws". The word 'scarcity' is a noun, which functions as the subject of a sentence or clause, and as the object of a verb or a preposition.Examples:A scarcity of good jobs has forced many to relocate. (subject of the sentence)The flood caused a scarcity of housing. (direct object of the verb 'caused')
Scarceness is the abstract noun for scarce.
scarcity
scarcity