According to Wikipedia “Price controls are restrictions set in place and enforced by governments, on the prices that can be charged for goods and services in a market. The intent behind implementing such controls can stem from the desire to maintain affordability of goods even during shortages, and to slow inflation, or, alternatively, to ensure a minimum income for providers of certain goods or to try to achieve a living wage.” Price controls are basically the prices that the government tells stores to sell their products at. It’s also when the government tells tells people how much of something they can buy. This normally happens during a war or inflation. According to Investopedia, “The term “price controls” refers to the legal minimum or maximum prices set for specified goods. Price controls are normally mandated by the government in the free market. They are usually implemented as a means of direct economic intervention to manage the affordability of certain goods and services, including rent, gasoline, and food. Although it may make certain goods and services more affordable, price controls can often lead to disruptions in the market, losses for producers, and a noticeable change in quality.”
People control is when someone tries to control someone else by means of force, threat, and bribery. The government controls people everyday. A few years ago a not so deadly sickness (covid) broke out and the government told everyone to stay in their houses because they would die if they got covid, even though only very unhealthy people were.
Price controls are people controls. Yes. As I said earlier “Price controls are basically the prices that the government tells stores to sell their products at. It’s also when the government tells tells people how much of something they can buy. This normally happens during a war or inflation.” Telling people how to set their prices or how much things to bus is controlling them.