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GCSE History · key term
Government limits on the prices sellers may charge for goods or services.
Used by OCR
Paper 1
Revise: Social Changes and the Role of WomenRationing and price controls had different purposes. Rationing limited access to goods; price controls limited what sellers could charge. Together, they helped prevent shortages from allowing wealthier buyers to dominate supplies or pushing essential goods beyond ordinary families’ reach.
Distinguish rationing, which limited access to scarce goods, from price controls, which limited what sellers could charge, and luxury taxes, which increased the cost of selected purchases.
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