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uncountable noun. Rationing is the system of limiting the amount of food, water, petrol, or other necessary substances that each person is allowed to have or buy when there is not enough of them. The municipal authorities here are preparing for food rationing.
Notes #4--Scarcity, rationing, and market economics (Ch. 4) All societies face the condition of scarcity, hence all societies must ration goods. The question isnât whether goods must be rationed, but how. When a good becomes relatively more scarce, for instance, there isnât as much to go around as before, and people will have to make do with less.