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How did the Cold War shape the U.S. occupation and reconstruction of Japan after World War II?
Shortage
A shortage occurs when the demand for a product exceeds its supply at a particular price, leading to a scarcity of the product.
Price Floor
A government-imposed limit below which prices cannot fall, often used in agricultural markets.
Equilibrium Price
The price at which the quantity of goods demanded equals the quantity of goods supplied, leading to market stability.
Ineffective
Not producing the intended or desired effect.
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