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Q: How did people pay for their rationing?
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What is a rationing devices?

it is when the price mechanism allocate products or services to people who willing to pay the most.


What was rationing and why did people have to do it?

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How much were people allowed during rationing?

allot


What was rationing and why do people have to do it?

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How will the economy decide who gets the goods?

Usually, the price system does this rationing in a market economy.People who are willing to pay more plunk down their money and they get the scarce goods. People who aren't willing to pay the market price don't get the goods.


Rationing?

the act of rationing


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 are the difficulties people did people during in World War 2?

rationing, gas & food


Were the rationing effects on people at home good or bad?

nothing tehe


What is rationing function of price?

Provided that the product is not a Veblen or a Giffen good, as its price increases fewer people can afford the commodity and so the demand for it decreases. This is a form of rationing in which the poorest people are priced out of the market.


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


What did d mean in rationing World War 2?

Rationing was the restriction by law of food, sweets, clothes, petrol etc so that everyone could get something to eat etc, and so that rich people did not buy up everything. Rationing carried on for seval years after the end of WWII, I remember the end of sweet rationing.