price control

Noun

Meaning

restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)

Synonyms

Antonyms

Hypernyms

Examples

“If the price of the essential goods would suddenly increase unreasonably during this period, the ministry can implement the price control scheme similar to ones during festive seasons,” said Nanta. Source: Internet

The Indian economy, always perilously short of oil and gas, had waited for long before it could remove the shackles of price control from the fuel economy. Source: Internet

A tax is a price control, while cap-and-trade method acts is a quantity control instrument. Source: Internet

He established a national energy policy that included conservation, price control, and new technology. Source: Internet

Legal tender laws act as a form of price control. Source: Internet

Many measures of state control of the economy imposed during the war were continued, although the rationing of dairy products was lifted in 1949, while price control and rationing of housing and cars continued as long as until 1960. Source: Internet

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