rationing
n. uncountablen. a system where the government limits how much of something you can buy or use. This usually happens during a war or a shortage to make sure everyone gets a fair share.
n. the controlled distribution of scarce resources, goods, or services. Often implemented by government mandate during periods of national emergency or supply shortages to ensure equitable access.
The government introduced fuel rationing during the energy crisis.
During the second world war, food rationing meant that families had to use coupons to buy sugar, butter, and meat.
Economists argue that while price controls can prevent inflation, they often necessitate a formal system of rationing to manage the resulting excess demand for essential commodities.
Often used as a gerund to describe the ongoing policy or act of limiting supplies.