ECONOMICS
MARKETS AND PRICES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To guarantee each civilian a minimum standard of living
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to keep sellers from raising prices on necessary goods
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because the English government had also decided on rationing
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to earn money to support the military
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Detailed explanation-1: -Supplies such as gasoline, butter, sugar and canned milk were rationed because they needed to be diverted to the war effort. War also disrupted trade, limiting the availability of some goods.
Detailed explanation-2: -People started to panic buy in a manner similar to recent times as in the petrol or Covid crisis. So, the Government introduced rationing as a fair system to allow people to have a certain amount of food each week. Other countries involved in the war such as America had rationing too.
Detailed explanation-3: -Rationing was a means of ensuring the fair distribution of food and commodities when they were scarce. It began after the start of WW2 with petrol and later included other goods such as butter, sugar and bacon. Eventually, most foods were covered by the rationing system with the exception of fruit and vegetables.
Detailed explanation-4: -The government began rationing certain foods in May 1942, starting with sugar. Coffee was added to the list that November, followed by meats, fats, canned fish, cheese, and canned milk the following March.
Detailed explanation-5: -Rationing and buying bonds became the number one way that everyday Americans could support the war effort and the soldiers fighting overseas in Europe. The National Food Garden Commission encouraged families to expand their gardens and grow not only for their household, but for the country.