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Which statement is the best description of the Office of Price Administration?
This agency monitored the rationing of scarce consumer items.
What U.S did to regulate or build industry?
The (OPA) Office of Price Administration and the rationing of consumer products was put into place.
What statement best describes conditions in the 1920s in the US?
An increase in the availability of credit resulted in an expansion of consumer purchasing power.
How did World War 2 affect the Australian economy?
As many Australian primary products were purchased as could be produced; and secondary industries manufactured many new items for the Services. Rationing and restrictions meant that there were few consumer goods available, so personal savings rose. Manpowering and essential industries also meant that there was near-full employment.
Were the ration stamps used for a farm different from other stamps in use or value?
If the question is regarding the UK; rationing and stamps applied to food, clothing and, basically all consumer items no matter where one purchased them from. If you lived in the countryside near farms and knowing the right person you might illegally obtain food items that were rationed. Realise also, even if you had stamps for a particular item that item might not be available and as frequently happened you just went without !
Which statement is the best description of the Office of Price Administration?
This agency monitored the rationing of scarce consumer items.
What U.S did to regulate or build industry?
The (OPA) Office of Price Administration and the rationing of consumer products was put into place.
System of rationing designed to limit?
Purchases of consumer goods
What system of rationing was designed to limit?
to limit the purchase of consumer goods i believe
Wartime rationing of consumer goods lead to what unintended consequence?
Black market
Limit availability of consumer products?
ratio
A severe restriction occurs to the availability of consumer credit throughout the banking and finance system?
Set a limit to consumer.
When there is a scarcity in availability of a raw material what happens to the consumer price?
It Increases...
Which may naturally result in shortage that lead to rationing?
A shortage can occur when demand for a product or service exceeds its supply, often due to factors like natural disasters, supply chain disruptions, or sudden increases in consumer demand. This imbalance can lead to rationing, where resources are distributed in limited quantities to ensure equitable access among consumers. Rationing can also be implemented by governments during crises to prevent hoarding and ensure that essential goods remain available for all.
What is the impact of the 7 year parts availability law on the longevity of consumer products?
The 7-year parts availability law requires manufacturers to make replacement parts available for their products for at least 7 years after production. This law can positively impact the longevity of consumer products by ensuring that consumers can easily repair and maintain their products, extending their lifespan and reducing electronic waste.
What is the impact of the 10 year parts availability law on the longevity and maintenance of consumer products?
The 10-year parts availability law requires manufacturers to make replacement parts available for consumer products for at least 10 years after the product is discontinued. This law has a positive impact on the longevity and maintenance of consumer products by ensuring that consumers can easily repair and maintain their products for a longer period of time, ultimately extending the lifespan of the products and reducing electronic waste.
What impact did rationing goods have on the War 2 economy in America?
It fueled demand for consumer goods and resulted in a strong post-war economy.
