Which types of goods and services can be targeted for price controls?

2 answers:

3 0

The type of goods and services that are usually targeted for price control by the government are those goods that must remain affordable to the general masses and those goods and services which the government want to protect so their providers can have certain minimum incomes.
Examples of goods, whose price can be controlled by government in order to ensure affordability are agricultural products and rental apartment. Government usually set minimum price for agricultural products and for civil servants in order to ensure that these set of people are paid at least a certain minimum price. Government set prices for rental apartments in order to ensure that the landlords do not charge exorbitant fees.

Firlakuza [10]4 years ago

3 0

Answer: Food, lodging, gasoline, propane gas, lumber, and other supplies can be targeted with this action.

Explanation: Plato

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