ECONOMICS (CBSE/UGC NET)

ECONOMICS

OPPORTUNITY COST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is an example of resource reallocation in World War II?
A
Citizens sharing with citizens
B
Soldiers sharing with soldiers
C
Citizens not sharing with soldiers
D
A citizens conserving to give to soldiers
Explanation: 

Detailed explanation-1: -War Rationing Begins Families were issued ration stamps that were used to buy their allotment of everything from meat, sugar, fat, butter, vegetables and fruit to gas, tires, clothing and fuel oil.

Detailed explanation-2: -In a lot of ways, WWII was about resources, especially food. The expansionist aggression of both Germany and Japan was in a lot of ways about resources. There were other reasons, to be sure, but the idea that the Axis needed more food can’t be ignored.

Detailed explanation-3: -Although Germany and Japan made great quantitative and qualitative strides in arming and supplying their forces, the U.S. had two key strategic and logistical advantages: oil and water.

Detailed explanation-4: -During World War II German propaganda emphasized the prowess of the German army and contrasted it with the British and Allied armies who were depicted as cowards and butchers, or brave but misguided. Russian troops were presented as dehumanized beasts and killers who attacked without fear of death.

There is 1 question to complete.