0
What else can I help you with?
How does scarcity relate to the need for a rationing device?
Scarcity arises when limited resources are insufficient to meet unlimited wants and needs. This imbalance necessitates a rationing device, which is a mechanism that allocates resources among competing uses. Common rationing devices include prices, first-come-first-served systems, and lotteries. By utilizing these devices, societies can manage resource distribution efficiently and prioritize needs.
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.
How does scarcity relate to the need for a rationing device?
Scarcity arises when limited resources are insufficient to meet unlimited wants and needs. This imbalance necessitates a rationing device, which is a mechanism that allocates resources among competing uses. Common rationing devices include prices, first-come-first-served systems, and lotteries. By utilizing these devices, societies can manage resource distribution efficiently and prioritize needs.
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 are some example sentences using the word rationing?
Rationing was done during World War II.We are rationing the chocolate during our diet.
Was there rationing during the Korean war?
No, there was no rationing in korean war
How do prices act as a Rationing?
prices can not act as rationing device
When did cloth rationing start?
Clothes Rationing started 2 years after food rationing! And it ended on 15 March 1949.
Why was rationing called rationing?
because they couldn't go out and by it becauseof the bomb
How do price act as a rationing device?
prices can not act as rationing device
How long did rationing last?
In Britain rationing lasted 14 years. From 1940 to 1954. In Western Germany rationing lasted 15 years.
