👉 In the context of economic analysis, curtailments are economic measures that limit the availability or use of a certain resource, such as a factory's production capacity during a period of high demand. These measures may be implemented for various reasons, including to address shortages or supply chain disruptions caused by COVID-19, natural disasters, or other external factors. For example, in a country experiencing a recession, a government might implement curtailments on certain industries, such as manufacturing, to reduce the overall