im in high school. we are having a debate i need to think of a lot of advantages. someone else in my group is figuring out the disadvantages to back up our opinion.
so what are the advantages of government price control?
thanks for your answers :)Advantages of govt. price control?
Price controls are typically used in an attempt to control inflation.
The most recent attempt at price controls was Zimbabuwe. The dictator implemented price controls on food because of inflation. As a result people stopped selling food because they would have been paying more for it than they were allowed to sell it for.
If you want to create a shortage of a commodity - implement price controls.Advantages of govt. price control?
There are no advantages of govt. price control. If you are in high school, you should read this book. Its all on-line, and short. Both my boys have read it now.
Economics in One Lesson
by Henry Hazlitt
http://www.jim.com/econ/chap01p1.html
Chapter 17 Economics in One Lesson
by Henry Hazlitt
The Lesson Applied
Government Price-Fixing
http://www.jim.com/econ/chap17p1.html
What are the advantages of going into a war that was a lie.
What are the advantages of The Republican Tax Breaks.
What are the advantages of Big Business, ';the trickle down theory';
What are the advantages of borrowing from Communist China and OTHER COUNTRIES THAT ARE IN CONTENTION WITH US.
What are the advantages of deregulation.
What are the advantages of breaking the constitution %26amp; international laws.
Rove, Cheney we are tired of this propaganda %26amp; rhetoric!
Price control is a method of advancing Statism and soft tyranny.
The government should stay out of the free market. The only thing government can do is screw things up.
There are none in a capitalistic system, subsidizing is socialist in nature and should not be allowed in a free enterprise capitalistic system . God bless.
SHORTAGES: look into gasoline prices and controls in the 70s
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