Rationing in Nicaragua direct hit. Trade and investment plummeted, unemployment soared to 25 percent, and inflation reached more than 36,000 percent by 1988. From 1980 to 1990, Nicaragua’s average real per capita income fell 35 percent, and the incidence of poverty rose to 44 percent. Rationing in Nicaragua In 1984, the FSLN announced rationing for 20 basic goods, including rice, sugar, milk, and toilet paper. At this time, the FSLN were fighting an expensive war against the Contra guerrillas who were funded by the Reagan Administration. The FSLN tried to stabilize the economy by focusing more on the production of export crops and
Grain rationing in China also be shown. To solve the price scissors problem, China imposed production quotas on rural households, and urban wages were set low in order to maintain low urban food demand. In the 1950s, the grain rationing system was put in place, in which urban families were given grain coupons. The amount that the urban households could purchase was the relative price between grain and other goods, and was determined by the state. Any consumption that exceeded this could be purchased, but at the market price. Grain rationing in China The grain rationing system was imposed by the People's Republic of