RUSSIAN FOOD STAMPS
How I started my own privare business in the beginning of Perestroika in 1990.
The first event took place in 1975 when I defended my doctoral dissertation and received Ph.D in Economics.
During the preparation of the doctoral dissertation in 1971 - 1975 I earned 135 rubles = $40.00 a month. I already had a child at that time - my wonderful daughter, Antonina was born in 1974.
I can not understand now how could live in Moscow a family of 3 people with income of 50 cents per person per day for a few years.
FOOD STAMPS IN MOSCOW
A ration stamp or ration card is a stamp or card issued by a government to allow the holder to obtain food or other commodities that are in short supply during wartime or in other emergency situations when rationing is in force. Ration stamps were widely used during World War II by both sides after hostilities caused interruption to the normal supply of goods. They were also used after the end of the war while the economies of the belligerents gradually returned to normal.
Rationing was used in the United States during World War II.
Government funds provided to poverty stricken individuals by the Supplemental Nutrition Assistance Program are often referred to colloquially as "food stamps". The parallels between these "food stamps" and ration stamps as used in war time rationing is limited, however, since food can be purchased in the United States on the regular market without the use of stamps.
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 allowed portion of the resources being distributed on a particular day or at a particular time.
Rationing is often done to keep price below the equilibrium (market-clearing) price determined by the process of supply and demand in anunfettered market. Thus, rationing can be complementary to price controls. An example of rationing in the face of rising prices took place in the various countries where there was rationing of gasoline during the 1973 energy crisis.
A reason for setting the price lower than would clear the market may be that there is a shortage, which would drive the market price very high. High prices, especially in the case of necessities, are undesirable with regard to those who cannot afford them. Traditionalist economists argue, however, that high prices act to reduce waste of the scarce resource while also providing incentive to produce more.
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