Glossary entry

German term or phrase:

Knappheitsbewältigung

English translation:

dealing with scarcity

Added to glossary by Marc Svetov
May 29, 2017 18:02
7 yrs ago
1 viewer *
German term

Knappheitsbewältigung

German to English Bus/Financial Management Organizations
"Der größte Beitrag zur Knappheitsbewältigung wird durch Arbeitsteilung und Spezialisierung erbracht.“
"Wie beschrieben können Arbeitsteilung/Spezialisierung und Tausch/Abstimmung bzw. Koordination der Knappheitsbewältigung dienen."

Scarcity management? Mastering shortage(s)? Can anybody help? It would be much appreciated. Thank you in advance.

Discussion

Michael Martin, MA Jun 4, 2017:
Dealing with scarcity? You can argue endlessly whether scarcity can be overcome or not but from a linguistic standpoint, 'bewältigen' is more than mere 'dealing' with scarcity
BrigitteHilgner May 30, 2017:
@ asker I agree with others that content is missing. The following websites might give you some ideas:
https://www.tutor2u.net/economics/blog/tackling-the-question...
and
https://books.google.de/books?id=4d6FmT2c13cC&pg=PA82&lpg=PA...
David Hollywood May 30, 2017:
don't want to poach on the answers already posted
David Hollywood May 30, 2017:
"The main contribution to/way of overcoming shortfalls is division of labo(u)r and specialization."
David Hollywood May 30, 2017:
agree in principle with previous suggestions and basically up to you
Yvonne Roith May 29, 2017:
I agree with scarcity. scarcity of resource: "dealing with scarcity" or "dealing with a scarcity of resources"
Karolin Schmidt May 29, 2017:
I would say scarcity. It is about the economic problem of scarcity and infinite wants. In this case, labour is in short supply. By working more efficiently, the scarce economic resource of labour is used more economically.

Specialization and division of labour

"In large scale operations workers can do more specific tasks. With little training they can become very proficient in their task, this enables greater efficiency. A good example is an assembly line with many different jobs."

"The division of labour occurs where production is broken down into many separate tasks. Division of labour raises output per person as people become proficient through constant repetition of a task – “learning by doing”. This gain in productivity helps to lower cost per unit and ought to lead to lower prices for consumers."

Thus, it helps to reduce scarcity or the other way around use scarce resources more economically, which is the main task of an economic system.

I think scarcity is used more often than paucity. And since it cannot be really overcome, I would say "contribution to dealing with scarcity" or "reducing scarcity".




philgoddard May 29, 2017:
Shortages of work?
I would expect the sentences before and after this, and the document as a whole, to clarify exactly what is in short supply.

Proposed translations

+1
13 hrs
Selected

dealing with scarcity

Please see discussion

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Note added at 13 Stunden (2017-05-30 07:21:00 GMT)
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http://www.harpercollege.edu/mhealy/eco212i/lectures/5es/5es...

http://www.economicsonline.co.uk/Competitive_markets/The_eco...
https://en.wikipedia.org/wiki/Economic_problem
https://en.wikipedia.org/wiki/Scarcity
http://www.investopedia.com/terms/s/scarcity.asp


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Note added at 13 Stunden (2017-05-30 07:33:41 GMT)
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and you cannot overcome it.

https://books.google.de/books?id=5CUTDAAAQBAJ&lpg=PA333&ots=...
Peer comment(s):

agree Sangeeta Joshi
21 hrs
Vielen Dank.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks!"
5 mins

coping (with) overcoming, mastering shortages/paucity

Management is handling the shortage, while coping, etc. is overcoming it
Peer comment(s):

agree David Hollywood : overcoming shortages or "shortfalls in"
6 hrs
Hi David!
disagree Karolin Schmidt : Scarcity is a technical term.
13 hrs
It's your decision, fine by me!
Something went wrong...
4 hrs

Overcoming scarcity

Compare with this:
"Scarcity is one of the fundamental issues in economics." http://www.economicshelp.org/blog/586/markets/scarcity-in-ec...
https://docs.google.com/presentation/d/1vVvDgWvJjN8mwQvWeNFt...

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Note added at 4 hrs (2017-05-29 22:38:56 GMT)
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https://books.google.de/books?id=wc9kAQAAQBAJ&pg=PA6&lpg=PA6...

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Note added at 7 hrs (2017-05-30 01:43:50 GMT)
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Division of labor and specialization represent the largest effort toward overcoming scarcity
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