General Scarcity:
* Shortage: This is the most common and general term.
* Deficit: This emphasizes a lack of something needed.
* Paucity: This suggests a small quantity or number.
Specific Scarcity:
* Rarity: This emphasizes something being uncommon or rare.
* Lack: This is a more direct way to say there is not enough.
* Depletion: This suggests something has been used up or consumed.
The best noun to use will depend on what you are trying to describe.