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A World War II-era shop display promoting price controls. In the United States, price controls have been enacted several times. The first time price controls were enacted nationally was in 1906 as a part of the Hepburn Act.
[6] [7] [8] Following this defeat, Truman lifted almost all price and wage controls and, while the OPA was authorized to exist through June 30, 1947, its range of tasks and ability to effectively regulate prices was curtailed severely, being reduced to rent control and some price control over a very limited number of goods. [8]
The Habsburg Empire in World War I: Essays on the Intellectual, Military, Political and Economic Aspects of the Habsburg War Effort (1977) Schulze, M.-S. "Austria-Hungary's Economy in World War I", in Stephen Broadberry, and Mark Harrison, eds. The Economics of World War I (2005) ch 3 pp 77–111; Wargelin, Clifford F.
The Wartime Prices and Trade Board is a former Canadian government agency, established on September 3, 1939, by the Mackenzie King government, under the authority of the War Measures Act, in the Department of Labour responsible for price controls and inflation control.
In the United States, rent control refers to laws or ordinances that set price controls on the rent of residential housing to function as a price ceiling. [1] More loosely, "rent control" describes several types of price control: "strict price ceilings", also known as "rent freeze" systems, or "absolute" or "first generation" rent controls, in ...
"Pay no more than Ceiling Price," US poster during World War II "New ceiling price lists are here," US Office of Price Administration during World War II. Rent Controls were instituted in the US in the 1940s by then-president Franklin D. Roosevelt and his newly-formed Office of Price Administration. The Office instituted price ceilings on a ...
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The Emergency Price Control Act was penned as three titles specifying rulings for price controls regarding agricultural commodities, goods and services, and real property. The Act provided authority for enforcement, investigative reporting, and reviews of price stabilization schedules by the Office of Price Administration. The law specified a ...