A shortage in the supply of a FACTOR OF PRODUCTION which, if not remedied, can add to inflationary pressures; hence an economy with full employment suffers many bottlenecks. Also, lack of an appropriate INFRASTRUCTURE has often been a major bottleneck...

In Project Management, a Bottleneck is one process in a chain of processes, such that its limited capacity reduces the capacity of the whole chain. A related concept is critical path method (see Project Management) and the Theory of Constraints (see...