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In a free competitive market what is the rationing mechanism?
Price is the rationing mechanism. Whoever can afford it, will by it.
What is our main rationing device in the american economy?
The United States economy does not have a rationing device
Why Explain in your own words how the terms rationing and price are related?
Rationing is a system to allocate goods and services without the use of prices. Rationing is when people receive a ration coupon that entitles them to a certain amount of a product.
What effect does rationing have on the economy?
Well, all rationing does is reduce the amount being distributed. Thus, leaving more behind to work with.
What are the main effects of price ceiling and rationing?
The following are the main effects of price ceiling and rationing: 1. Beneficial for Poor Consumers: A well managed rationing system enables the poor section of the society to get the commodities which are in short supply. 2. Transfer of Resources: The price ceiling and rationing enable the government to transfer resources from the production of less important uses to more important uses. 3. Black Marketing: The worst effect of rationing is to encourage black marketing.
Were the rationing effects on people at home good or bad?
nothing tehe
Rationing?
the act of rationing
Where did rationing happen?
Rationing happpend in Britain
Where can you find information about World War 2 rationing?
To find information on rationing you can go to www.worldwar2.org.uk/rationing/89687/homework/school.htm To find information on rationing you can go to www.worldwar2.org.uk/rationing/89687/homework/school.htm To find information on rationing you can go to www.worldwar2.org.uk/rationing/89687/homework/school.htm
Did rationing affect children?
Rationing affected everyone.
What was life like for the Britains after World War 2?
Bad. Rationing and recession were in effect for 5-10 years after the war
What are some example sentences using the word rationing?
Rationing was done during World War II.We are rationing the chocolate during our diet.
How do prices act as a Rationing?
prices can not act as rationing device
Was there rationing during the Korean war?
No, there was no rationing in korean war
When did cloth rationing start?
Clothes Rationing started 2 years after food rationing! And it ended on 15 March 1949.
What was positive about rationing in world war 2?
rationing was seen ans a good thing as many people benifited from rationinf everyone got some food to fill them selves up during the war where as there are some parts that people saw rationing as a bad thing
Why was rationing called rationing?
because they couldn't go out and by it becauseof the bomb
