rationing

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Related to Wartime rationing: Ration book, Food rationing

Fig. 165 Rationing.

rationing

a physical method of allocating a product that is in short supply relative to demand (EXCESS DEMAND). In a free market this situation would not arise - the excess demand would be ‘choked off and additional supply encouraged by an increase in the price of the product (see EQUILIBRIUM MARKET PRICE). But if the price is fixed below its equilibrium rate (for example, by the government wishing to hold down the prices of key products such as food), the use of ration tickets provides one practical means of allocating the available supply between consumers on an equitable basis.

In Fig. 165, for example, if the price of a product is fixed by the government at O_r, then it is necessary to ration the amount of output that producers are willing to supply, OQ_r, at this price amongst consumers who are demanding the greater amount of OQ_s. See also BLACK MARKET, PRICE CONTROLS.

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7 -- 8 --color) Gilbert Adrian's tailored worsted wool suit from the 1940s, right, reflected the wartime rationing of fabric, while the '20s presented more of a feminine flair as seen in this sequined dress by Jeanne Beckers, below.

THE WAY WOMEN LOOKED LACMA PRESENTS A CENTURY OF FASHION, FROM MAXIS TO MINIS AND BACK AGAIN

In a lengthy chapter on wartime rationing of meat and sugar, she explores metaphorical linkages with these two commodities, suggesting that in North America and other societies, meat has commonly been identified with min, and sugar with women.

Amy Bentley, Eating for Victory: Food Rationing and the Politics of Domesticity

Schuster's testimony illustrates that wartime rationing was based upon widely-accepted notions of civilian sacrifice and military reward.

Sharing scarcity: bread rationing and the First World War in Berlin, 1914-1923

Meanwhile, back in Washington, Leon Henderson, price administrator and manager of wartime rationing, announced that rationing of tires for ordinary motorists would begin in the new year.

Pearl Harbor Christmas: A World at War, December 1941

The end of wartime rationing heralded a triumph of mediocrity.

Food - it's the stuff of life itself. I'll drink to that; way out west

The couple were married on July 19, 1947 in one of the first white weddings Middlesbrough had seen for years because of wartime rationing.

True love...Bas cycled 20 miles to get eggs for their wedding cake

Back in 1948, London was still in the grip of wartime rationing, building materials were scarce and the city still bore the scars of bombing raids.

WE'VE GOT EM: OLYMPICS 2012 : Games of two halves

Wartime rationing had been introduced to ensure everyone got their fair share and the government encouraged everyone to grow their own vegetables.

WEEKEND: FOOD: Hunger pangs from the past; D-DAY SPECIAL: TWO COVENTRY NEIGHBOURS RECALL RATIONING DURING THE SECOND WORLD WAR

Setting the limit at 14 units is like wartime rationing.

ONE IN 4 WOMEN HAS BINGE DRINKING PROBLEM; Two reports highlight growing abuse that is tearing Scottish families apart

According to records of wartime rationing, there were 100,000 vegetarians registered in 1945.

Cut the risk of cancers

John and Harriet Storm can remember when wartime rationing meant women painted their legs with colored lotion for lack of hosiery, and the government decided how much each citizen was entitled to in meat, butter, gasoline and even bicycles.

PAIR RECALLS YEARS OF RATIONING, ROMANCE

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