WORLD HISTORY

HISTORY

WORLD WAR II

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was rationing?
A
growing a garden to help with food supplies in your backyard
B
donating money to the government to help in the war effort
C
a practice of limiting the amount of food or resources people could buy
D
used to show support of the war effort (usually posters or movies)
Explanation: 

Detailed explanation-1: -Rationing involves the controlled distribution of a scarce good or service. An individual might be allotted a certain amount of food per week, for example, or households might be allowed to water their lawns only on certain days.

Detailed explanation-2: -Key goods such as sugar, tires, gasoline, meat, coffee, butter, canned goods and shoes came under rationing regulations. Some important items escaped rationing, including fresh fruit and vegetables.

Detailed explanation-3: -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-4: -One of the most common is first-come-first-served. One example of this rationing device occurs when tickets for a popular band go on sale, and the tickets are sold to those who are first in line (at a real or virtual box office). Another commonly used rationing device is brute force.

Detailed explanation-5: -Hard capital rationing. Hard capital rationing represents rationing that is being imposed on a company by circumstances beyond its control. Soft capital rationing. 12-Dec-2022

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