price-controlled
Học thuậtThân thiện
Definition
Adjective: * Having the price regulated or controlled by government: Describes a product, commodity, or service whose maximum price (and sometimes minimum price) is set by a government authority, rather than being determined solely by market forces of supply and demand.
Usage
The adjective "price-controlled" is used attributively (before a noun) to describe goods or markets subject to government price regulation. It describes a state or condition.
Examples
- Attributive use:
- During the crisis, price-controlled goods like bread and milk were often in short supply.
- The government introduced a list of price-controlled medicines to improve affordability.
- They operate in a heavily price-controlled market for energy.
Advanced Usage
- The term often implies a contrast with a "free market" or "market-determined" price.
- It can be used in economic and political discussions about the effects of intervention, such as shortages, black markets, or subsidies.
- Economists debated the long-term viability of the price-controlled housing sector.
Variants and Related Words
- Price control (n): The system or policy of regulating prices by government.
- The administration implemented price controls on basic foodstuffs.
- Price-fixing (n): An illegal agreement between competitors to set prices, distinct from government-mandated "price-controlled" systems.
- Regulated price (n): A more general synonym for a price set by a regulatory body.
Synonyms
- Regulated (in price)
- State-regulated (in price)
- Capped (when referring specifically to a maximum price)
Antonyms
- Market-priced
- Unregulated
- Free-market
Adjective
- having the price regulated or controlled by government