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New page: A '''price control''' is a law or regulation that limits the maximum price that can be charged for a good or service. Historically its use in free enterprise economies has mostly ...

A '''price control''' is a law or regulation that limits the maximum price that can be charged for a [[good]] or service. Historically its use in [[free enterprise]] economies has mostly been limited to times of war, but has also been imposed in times of peace as a misguided way of controlling the [[economy]].
[[category:economics]]

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Revision as of 14:45, January 12, 2008

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