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incomes policy
(redirected from price control)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.

incomes policy

Collective 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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Following complaints which were not addressed by the price control authority, shoppers contacted the scribe - with the hope to redress their grievances, saying that government should come forward with a decisive action to control profiteering at least once for all this time.
Many of the root causes of drug counterfeiting are exacerbated by government interference, such as price controls and taxation.
s strict price control over oil products," the statement said.
 
 
 
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