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Rationing is the controlled distribution of scarce resources, goods, services, [1] ... In Germany, suffering from the effects of the British blockade, ...
The government made preparations to ration food in 1925, in advance of an expected general strike, and appointed Food Control Officers for each region.In the event, the trade unions of the London docks organised blockades by crowds, but convoys of lorries under military escort took the heart out of the strike, so that the measures did not have to be implemented.
The work of issuing ration books and exchanging used stamps for certificates was handled by some 5,500 local ration boards of mostly volunteer workers selected by local officials. Many levels of rationing went into effect. Some items, such as sugar, were distributed evenly based on the number of people in a household.
Shortages force supermarkets to ration selected fruit and vegetables including tomatoes, peppers and cucumbers Supermarket rationing – latest: Shoppers rage over UK food shortages as shelves sit ...
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After it was implemented, the embargo caused an oil crisis, or "shock", with many short- and long-term effects on the global economy as well as on global politics. [3] The 1973 embargo later came to be referred to as the "first oil shock" vis-à-vis the "second oil shock" that was the 1979 oil crisis , brought upon by the Iranian Revolution .
Credit rationing is not the same phenomenon as the better-known case of food rationing. Credit rationing is the result of asymmetric information whilst food rationing is a result of direct government action. With credit rationing, lenders limit the risk of asymmetric information about the borrower through a process known as credit assessment.
Many U.S. hospitals are struggling to find chemotherapy drugs, antibiotics and other lifesaving treatments amid an escalating nationwide drug shortage crisis, new survey finds.