price control
Mandated cost limits
Price control is government regulation limiting how high or low prices can be set for goods or services.
Price controls typically appear during emergencies—wartime rationing, inflation crises, rent spikes in housing shortages.
A price ceiling caps the maximum; a price floor sets a minimum.
Critics argue controls distort markets and create shortages; defenders say they protect consumers from exploitation.
The city imposed price controls on essential goods during the hurricane.
Redeemable discount certificates
- quotasMandated numerical limits
- allocationDistribution of shares
- ration cardsPermits for limited goods
- shortagesInsufficient quantities available
wartime · black market · hoarding · fair share · ration stamps · essentials · stockpiling · distribution
Official rules governing conduct
- ceilingRoom's upper surface
- floorIndoor walking surface
- government interventionPublic authority involvement
- legislationOfficial enactment of statutes
mandate · enforcement · compliance · oversight · consumer protection · antitrust · deregulation · statutory
Extreme rapid price escalation
- purchasing powerEconomic spending ability
- cost-of-livingPrice of basic needs
- indexationAutomatic adjustment to benchmarks
- deflationSustained decrease in prices
monetary policy · currency devaluation · cost-push · stagflation · erosion · adjustment · anchor · containment
Financial assistance from government
- accessibleAble to be reached
- reasonableShowing sound judgment
- basic goodsEssential everyday commodities
- essential servicesIndispensable public functions
utilities · pharmaceuticals · staples · low-income · necessity · livelihood · household budget · welfare
State of balance
- supply and demandPrice-determining economic forces
- benchmarkingMeasuring against top performers
- pegWooden pin for fastening
- anchorSecures ships to seabed
band · corridor · smoothing · dampening · volatility · fluctuation · target range · maintenance
coupons
Redeemable discount certificates
- quotasMandated numerical limits
- allocationDistribution of shares
- ration cardsPermits for limited goods
shortages · wartime · black market · hoarding · fair share · ration stamps · essentials · stockpiling · distribution · queue
regulation
Official rules governing conduct
- ceilingRoom's upper surface
- floorIndoor walking surface
- government interventionPublic authority involvement
legislation · mandate · enforcement · compliance · oversight · consumer protection · antitrust · deregulation · statutory · directive
hyperinflation
Extreme rapid price escalation
- purchasing powerEconomic spending ability
- cost-of-livingPrice of basic needs
- indexationAutomatic adjustment to benchmarks
deflation · monetary policy · currency devaluation · cost-push · stagflation · erosion · adjustment · anchor · containment · anti-inflationary
subsidy
Financial assistance from government
- accessibleAble to be reached
- reasonableShowing sound judgment
- basic goodsEssential everyday commodities
essential services · utilities · pharmaceuticals · staples · low-income · necessity · livelihood · household budget · welfare
equilibrium
State of balance
- supply and demandPrice-determining economic forces
- benchmarkingMeasuring against top performers
- pegWooden pin for fastening
anchor · band · corridor · smoothing · dampening · volatility · fluctuation · target range · maintenance
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- controlcommand, management, supervision, guidance, steering
- economic controlstariff, quota, sanction, embargo, trade restriction
- legal restrictionsban, prohibition, restriction, restraining order, court order
- planned economycommand economy, central authority, five-year plan, production quota, central committee
- price controlsinterest cap, usury laws, minimum wage, wage freeze, wage laws
price controlfree market
Commerce without state intervention
deregulation · laissez-faire · competitive pricing · market forces · supply and demand
price controllaissez-faire economics
Minimal state economic involvement
neoliberalism · free enterprise · Austrian economics · Reaganomics · Thatcherism
control, price, priceless, prices, controller, priced, pricing, controlling, controls