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Correct Option is catastrophe

The correct choice for the answer is option (c): catastrophe.
Catastrophe means an event causing great and usually sudden damage or suffering; a disaster. Hence, it makes the most appropriate choice for the blank.
Scarce means deficient in quantity or number compared with the demand.
Stock means capital raised by a corporation through the issue of shares.
Concept means an abstract or general idea inferred from specific instances.

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