There are no choices but a producer who has an absolute
advantage can make goods and services at less cost and at faster pace compared
to his or her competitors. Usually these
producers have developed a process to come with more goods and services that
they can them available at the market.
What were rationing programs implemented to do? What types of things were rationed?
Answer:
The Dust Bowl was the name given to the drought - stricken Southern Plains region of the United States, which suffered severe dust storms during a dry period in the 1930s. As high winds and choking dust swept the region from Texas to Nebraska, people and livestock were killed and crops failed across the entire region.
The people needed to use more coins to buy the same amount of food as before.