Post-scarcity is a theoretical economic situation in which most goods can be produced in great abundance with minimal human labor needed, so that they become available to all very cheaply or even freely.

(“Post-Scarcity Economy” 2022)

Bibliography

“Post-Scarcity Economy.” 2022. Wikipedia, March. https://en.wikipedia.org/w/index.php?title=Post-scarcity_economy&oldid=1075241618.