Enter a word or phrase in any language 👆
Language:
Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
- frequency of use
- it is used more often in oral or written speech
- word translation options
- usage examples (several phrases with translation)
- etymology
What (who) is price control - definition
Price controls
![](https://commons.wikimedia.org/wiki/Special:FilePath/"Prices charged in this store will not exceed those indicated in the most recent list of Fair Prices applicable to this - NARA - 512556.jpg?width=200)
![World War II poster about US price controls](https://commons.wikimedia.org/wiki/Special:FilePath/"Cost of Living 1918-1944" - NARA - 514088.jpg?width=200 "World War II poster about US price controls")
![Protesters call for an increased legal [[minimum wage]] as part of the "Fight for $15" effort to require a $15 per hour minimum wage in 2015. A government-set minimum wage is a price floor on the price of labour.](https://commons.wikimedia.org/wiki/Special:FilePath/Fight for $15 on 4-15 (17161520871).jpg?width=200 "Protesters call for an increased legal [[minimum wage]] as part of the \"Fight for $15\" effort to require a $15 per hour minimum wage in 2015. A government-set minimum wage is a price floor on the price of labour.")
GOVERNMENTAL RESTRICTIONS ON THE PRICES THAT CAN BE CHARGED FOR GOODS AND SERVICES
Price control; Price freeze; Fixed price system; Maximum price; Prices control; Price Controls; Administered price; Administered pricing; Liberalization of prices; Regulate the price; Set the price
Price controls are restrictions set in place and enforced by governments, on the prices that can be charged for goods and services in a market. The intent behind implementing such controls can stem from the desire to maintain affordability of goods even during shortages, and to slow inflation, or, alternatively, to ensure a minimum income for providers of certain goods or to try to achieve a living wage.
price tag
LABEL DECLARING THE PRICE OF AN ITEM FOR SALE
Price tagging; Pricetags; Price label
also price-tag
(price tags)
1.
If something has a price tag of a particular amount, that is the amount that you must pay in order to buy it. (WRITTEN)
The price tag on the 34-room white Regency mansion is ?17.5 million.
N-COUNT
2.
In a shop, the price tag on an article for sale is a small piece of card or paper which is attached to the article and which has the price written on it.
N-COUNT
price tag
LABEL DECLARING THE PRICE OF AN ITEM FOR SALE
Price tagging; Pricetags; Price label
¦ noun a label showing the price of an item.
?the cost of something.
Examples of use of price control
1. Only '5 and '6 octane gas are subject to price control by the Infrastructure Ministry.
2. On this day, even with the Mexican government‘s new price control, she could afford only one.
3. Briefing newsmen this afternoon after presiding over Price Control Committee in Islamabad, on Thursday Mr.
4. The President said price control magistrates have also been appointed to check prices.
5. He suggested Vietnam to combine monetary policies with financial policies and price control in order to effectively tame the inflation.