Post-Scarcity Economy

A post-scarcity economy is a theoretical economic system where most goods and services are abundant and available at little to no cost, thanks to advanced technology and automation. In this scenario, resources are efficiently managed and produced, reducing shortages and economic inequality. This environment shifts focus from resource allocation to innovation, leisure, and creativity, as basic needs like food, water, healthcare, and transportation become readily accessible. While still largely conceptual, a post-scarcity economy envisions a society where human well-being and personal growth are prioritized over material accumulation.