skip to main content
LOTERRE

LOTERRE

Search from vocabulary

Lengua del contenido

| français English
Ayuda para la búsqueda

Concept information

Término preferido

price and wage controls  

Definición

  • Wage and price controls are government policies designed to restrict the movement of wages and prices to their natural equilibrium market values. In a free market, prices tend toward an equilibrium value that equates the supply of a good or service with its demand. [Source: The Encyclopedia of Political Science; Price and Wage Controls]

Concepto genérico

Pertenece al grupo

URI

http://data.loterre.fr/ark:/67375/N9J-RTNTXZVV-7

Descargue este concepto: