WORLD WAR II 1941 1945
THE START OF THE SECOND WORLD WAR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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rationing
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price controls
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war bonds
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victory gardens
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Detailed explanation-1: -The Public Distribution System (PDS) evolved as a system of management of scarcity through distribution of foodgrains at affordable prices. Over the years, PDS has become an important part of Government’s policy for management of food economy in the country.
Detailed explanation-2: -On August 28, 1941, President Roosevelt’s Executive Order 8875 created the Office of Price Administration (OPA). The OPA’s main responsibility was to place a ceiling on prices of most goods, and to limit consumption by rationing.
Detailed explanation-3: -In the early 14th century, the Delhi Sultanate ruler Alauddin Khalji (reigned 1296–1316) instituted price controls and related reforms in his empire. He fixed the prices for a wide range of goods, including grains, cloth, slaves and animals.
Detailed explanation-4: -Rationing involved setting limits on purchasing certain high-demand items. The government issued a number of “points” to each person, even babies, which had to be turned in along with money to purchase goods made with restricted items.
Detailed explanation-5: -The OPA was abolished effective May 29, 1947, by the General Liquidation Order issued March 14, 1947, by the OPA Administrator.