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incomes policy |
Also found in: Wikipedia, Hutchinson | 0.02 sec. |
incomes policyCollective governmental effort to control the incomes of labour and capital, usually by limiting increases in wages and prices. The term often refers to policies directed at the control of inflation, but it may also indicate efforts to alter the distribution of income among workers, industries, locations, or occupational groups. See also wage-price control. |
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? Mentioned in | ? References in periodicals archive | |
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Oddly, he passes over the important story of price control, and also, later on, of peacetime incomes policy. An instrument which combines some of the best aspects of economic and social policy, but which is sometimes neglected, is promoting consensual, equitable approaches to income determination through negotiation of prices and incomes policy. |
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incomes policy
