"A price ceiling is a government-imposed price control or limit on how high a price is charged for a product. Governments intend price ceilings to protect consumers from conditions that could make commodities prohibitively expensive."
Answer:
Hopefully this works! :)
Explanation:
During Althing there was a law council of people who voted toward or against a legal issue. Similarly now days we have a lot of different "councils" that vote on laws and other things that influence the way we live, much like the way the Icelandic people lived.
In the United States of America we have fifty states, much like the Icelandic people who divided up into four sectors. This promoted different opinions, laws and unity among the people.
One of the most noticeable differences was that these people had no written language, and so they had to memorize every law so that none would be broken. Thankfully we now have written laws, so we do not have to memorize all of the laws.
Conclusively, there are noticeable similarities in both democracies, even though the first was established as early as 930 AD. We have kept these practices throughout the years, and this proves that the democratic system has worked and will keep working throughout the years.
