Rationing in the United States "even if Japan does not fold now, the war will certainly be over before the books can be used." On August 15, 1945, World War II gas rationing was ended on the West Coast of the United States. Most other rationing restrictions also ended in August of 1945 except for sugar rationing, which lasted until 1947 in some parts of the country. Rationing in the United States Rationing is the controlled distribution of scarce resources, goods, or services, or an artificial restriction of demand. Rationing controls the size of the ration, which is one's allotted portion of the resources being
Credit rationing mechanism of monetary policy. Drawing on the famous Oxford surveys of businessmen in the 1930s he argued that it was likely that changes in the interest rate did not have a substantial effect on investment decisions. Harrod went on to argue that the main channel through which interest rates curtailed economic activity was through the process of what is now known as credit rationing. He wrote that: "It is essentially the imperfection of the capital market that makes monetary policy a powerful weapon." Credit rationing Credit rationing is the limiting by lenders of the supply of additional credit to borrowers