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Rationing. Rationing is the controlled distribution of scarce resources, goods, services, [1] or an artificial restriction of demand. Rationing controls the size of the ration, which is one's allowed portion of the resources being distributed on a particular day or at a particular time. There are many forms of rationing, although rationing by ...
Rationing. World War II put a heavy burden on US supplies of basic materials like food, shoes, metal, paper, and rubber. The Army and Navy were growing, as was the nation’s effort to aid its allies overseas. Civilians still needed these materials for consumer goods as well. To meet this surging demand, the federal government took steps to ...
- Marshallv
Feb 25, 2022 · Rationing is the practice of controlling the distribution of a good or service in order to cope with scarcity. Rationing is a mandate of the government, at the local or federal level. It can be ...
- Will Kenton
Mar 15, 2024 · Rationing is the systematic allocation of limited resources, goods, or services to ensure their equitable distribution among a population. It is a common approach when the supply of a particular item falls short of the demand, leading to concerns about price surges and inequitable access. Rationing can be initiated at local or federal levels ...
David Alfred Thomas, 1st Viscount Rhondda. rationing, government policy consisting of the planned and restrictive allocation of scarce resources and consumer goods, usually practiced during times of war, famine, or some other national emergency. Rationing may be of several types. Informal rationing, which precedes the imposition of formal ...
Jan 1, 2018 · Rationing occurs whenever economic agents face quantity constraints on their demand for or supply of particular commodities. This article reviews the main results of rationing theory: a tightening of a ration constraint raises the demand for unrationed substitutes and reduces the price responsiveness of all unrationed goods (the Le Chatelier ...
