Price Controls

Price Controls,

How Do You Define Price Controls?

  1. A simple definition of Price Controls is: There are minimum or maximum prices for price controlled products. They are commonly used as a means of economic intervention to ensure access to certain goods.

    • Price control is the minimum or maximum price set by the government for certain products and is generally enforced to control access to goods.
    • At best, price control is only effective for a very short time.
    • In the long run, price controls can lead to problems such as anxiety, rations, low quality products and the black market.

Literal Meanings of Price Controls


Meanings of Price:
  1. The amount of money expected, demanded, or paid.

  2. Negative experiences, events or actions are clearly a condition for achieving the desired goal.

  3. Determine the amount of payment required (something to be sold).

Sentences of Price
  1. Land can be sold at a higher price

  2. The value of your success is discussed throughout the day

  3. The cost of watches in this range is 14.50

Synonyms of Price

set the price of, assess, rate, fee, asking price, result, forfeiture, fix the price of, forfeit, payment, consequence, total, assay, levy, sacrifice, put a price on, estimate, evaluate, sum, value, penalty, amount, figure, charge, selling price, terms, appraise, cost, toll, fare


Meanings of Controls:
  1. The power to influence or guide people's behavior or events.

  2. An individual or thing used as a reference to test the results of an investigation or experiment.

  3. A member of the secret service organization who personally directs espionage activity.

  4. A superior card that prevents your opponent from arranging a particular color.

  5. Describe behavior or monitor operations.

  6. Takes into account (strange factors that may affect experimental results)

Sentences of Controls
  1. The whole company is under the production manager

  2. Patients with the disease have higher platelet activity than controls.

  3. He sat in his KGB controls as he explained the details of his new job

  4. Hire to oversee the company's marketing strategy

  5. No attempt to control change

Synonyms of Controls

run, head, sovereignty, command, direct, steer, mastery, government, check, guide, hegemony, superintend, leadership, rule, power, benchmark, standard, sway, predominance, supervise, preside over, domination, reign, be in charge of, jurisdiction, supremacy, ascendancy