What is another word for price controls?

Pronunciation: [pɹˈa͡ɪs kəntɹˈə͡ʊlz] (IPA)

Price controls refer to government policies aimed at regulating prices in markets. In some cases, the government sets a specific price ceiling or floor, while in other cases, it uses taxes or subsidies to influence market prices. There are several synonyms for the term; some of the most common include price regulation, price manipulation, and price stabilization. The use of price controls has been a controversial topic in economics, with critics arguing that they often lead to shortages, black markets, and reduced incentives for businesses to produce goods and services. Despite the controversy surrounding price controls, they continue to be used in various industries and markets around the world.

Synonyms for Price controls:

What are the hypernyms for Price controls?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    price fixing, price regulation, price stabilization, Price ceilings, Price flooring, Price limits.

Famous quotes with Price controls

  • “Yeah. ‘Environment’ was very big for a while. Ecology Now stickers on the windshields of cars belonging to hairy young men—cars which dripped oil wherever they parked and took off in clouds of smoke thicker than your pipe can produce...Before long, the fashionable cause was something else, I forget what. Anyhow, that whole phase—the wave after wave of causes—passed away. People completely stopped caring... I feel a moral certainty that a large part of the disaster grew from this particular country, the world’s most powerful, the vanguard country for things both good and ill...never really trying to meet the responsibilities of power. We’ll make halfhearted attempts to stop some enemies in Asia, and because the attempts are halfhearted we’ll piss away human lives—on both sides—and treasure—to no purpose. Hoping to placate the implacable, we’ll estrange our last few friends. Men elected to national office will solemnly identify inflation with rising prices, which is like identifying red spots with the measles virus, and slap on wage and price controls, which is like papering the cracks in a house whose foundations are sliding away. So economic collapse brings international impotence...As for our foolish little attempts to balance what we drain from the environment against what we put back—well, I mentioned that car carrying the ecology sticker. At first Americans will go on an orgy of guilt. Later they’ll feel inadequate. Finally they’ll turn apathetic. After all, they’ll be able to buy any anodyne, any pseudo-existence they want.”
    Poul Anderson
  • How much attention is paid to agreement between Galbraith and myself in opposing a draft and favoring an all-volunteer armed force, or in opposing tariffs and favoring free trade, or on a host of other issues? What is newsworthy is that Galbraith endorses wage and price controls, while I oppose them.
    Milton Friedman

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