The price freeze is in compliance with the Price Act, which cited an area being put under martial law as one of the few circumstances when the prices of basic necessities
are automatically frozen.
This Act provides protection to consumers by stabilizing the prices of basic necessities
and prime commodities and by prescribing measures against undue price increases during emergency situations and like occasions.
The income effect would imply that to the extent possible, households will spend a greater share of their income on luxuries as their income increases and less on necessities
International Development Secretary, Justine Greening, who is supporting the appeal, said: "Around 28 million people in Bangladesh live in extreme poverty, unable to access the basic necessities
that so many of us take for granted.
The items included in agricultural necessities
are: rice, corn, cooking oil, fish, fresh eggs, pork, beef, poultry, fresh milk, vegetables, fruits, root crops and sugar.
They include publicly consumed luxuries, publicly consumed necessities
, privately consumed luxuries and privately consumed necessities
The presented idea of the concept of necessity gives one general definition for any kind of necessity (that a statement comes out form a set of truths and a set of laws) but on the other hand it points out what is the ground for the variety of necessities
(according to the domain of laws taken into account).
These were all rated lower than three of the top four necessities
for those aged over 60 - landline telephone, car and television.
In May, the Pew Research Center asked Americans whether various household electronics and appliances were necessities
General Motors Corporation (GM) (NYSE: GM), a United States-based automaker, has revealed details of two concept vehicles named the Bare Necessities
Truck and the Bare Necessities
4 : something that is badly needed <He bought a few necessities
before his trip.
It may arrive progressively and be driven by emerging economic opportunities, political constraints and environmental necessities