History & Society Science & Tech Biographies Animals & Nature Geography & Travel Arts & Culture ProCon Games & Quizzes Videos Today in History Dictionary History & Society

History
Philosophy & Religion
Politics, Law & Government
Society & Social Issues

Health & Medicine
Science
Technology

Browse Biographies

Animals & Nature

Birds, Reptiles & Other Vertebrates
Environment
Fossils & Geologic Time
Insects & Other Invertebrates
Mammals
Plants

Geography & Travel

Geography & Travel

Entertainment & Pop Culture
Literature
Sports & Recreation
Visual Arts

Image Galleries Podcasts Summaries Top Questions Britannica Kids

Personal Finance

Finance & the Economy

About Us Privacy Policy Terms & Conditions

© 2026 Encyclopædia Britannica, Inc.

Britannica Money

| Britannica Money

Read More

What Is Inflation? How Rising Prices Affect Everyday Goods

Finance & the EconomyEconomic Concepts

wage-price control

economics

Written and fact-checked byThe Editors of Encyclopaedia Britannica

The Editors of Encyclopaedia Britannica

Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. They write new content and verify and edit content received from contributors.

Read More

What Is Inflation? How Rising Prices Affect Everyday Goods

wage-price control, setting of government guidelines for limiting increases in wages and prices. It is a principal tool in incomes policy.