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A government sponsored agency currently controls the prices for dairy products in Canada. This was implemented because the government wanted to regulate the prices paid to dairy farmers and the amount of milk they could produce, in order to protect the farmers. However, problems have begun to arise because of these price controls, mostly due to the fact that the market price is much higher than it should be (which hurts consumers) and it is costing billions of dollars each year.

This article discusses the current issue in the United States when it comes to the price controls for sugar. Not only has it cost a lot of people their jobs, it is also eliminating the possibility for the growth of more jobs. And the problem isn't just with the jobs...the price control for sugar has caused an increase inprice in many goods that use to make their products...such as breakfast cereal....so even thought the price control is meant as a normative economic action...it may negatively impact the market.

In this situation, The government has had milk price controls in place for over 70 years because during the time of the great depression, the government wanted to ensure that farmers stayed in business, while working class families were able to access milk at affordable prices. The actual issue that this article discusses is that of the still existent price controls, as they do not still have the same purpose as they used to.

This article is about how the Indian government is going to end its drug control policy. By keeping the "anti-competitive" policy, the Indian government has been artificially keeping the supply of drugs low.

Are individuals having the chance to control their payment by using direct debit or is it Direct debit controlling each individuals payment schedule (watch only 1st part of the video) Money is still withdrawn from an individuals account even if there is nothing there. They could face fees from their bank (and sometimes their supplier) if they don't have sufficient funds to cover the payments. Because fixed direct debit payments are calculated using previous consumption figures, some payment amounts will not be exactly equal to the individuals actual usage. This means they may end up paying too much or too little to their supplier. The individual would also lose some flexibility in the way they manage their finances.

The government has installed tight price controls as they have the world's highest inflation rate at the moment. They imposed these strict price controls on basic goods however, food prices have still risen up to 9 times as high as they were before. However, the price controls may be doing some good as Venezuela has been in the same situation before and after the price controls they had in place were lifted, prices rose from 40% to more than 100%.

Hello, In this article it talks about how the Venezuelan government are trying to control inflation by setting fixed prices. The government's policy of price control demonstrate faith that one day they might succeed and lower their inflation rate which is at 27 per cent, the same as last year. The government are imposing a new law which the price controls will affect five general areas; personal and domestic hygiene products, car parts, medicines and health services and food. The government tries to prevent companies from "hoarding and speculation" and "exploiting the people". Also, the prices for 18 products are being frozen, and companies like Heinz, Pepsi, Coca Cola, and Nestle need 'special' attention. People say that the fear the private companies how will lead to more shortages and more inflation. From Tim

Minimum price controls should be imposed on alcohol and tougher drink-driving laws introduced, policy options circulated by the World Health Organisation (WHO) suggest. Details in the global consultation process have emerged as the government is resisting demands from health professionals for alcohol to become more expensive.

This article talks about how the cost of heating homes are impacting the people of Cardiff - how it has affected their budget and how suppliers are still continuing to raise prices. Therefore, price control needed to be implemented so the situation goes back to being under control. "People shouldn't have to choose between whether to eat or heat but many do."

This artcile talks about the impacts on the patients and hospitals in general of China as price controls are being implemented, and the overall prices of the drugs for patients is soaring.

This article talks about environmental sustainability, especially in the US, in terms of the carbon and oil situation. Hindering some paths of oil trade, may slow down the trade in the early stages, however there will be other paths since the international demand is so high right now. The price is steadily decreasing with the increased demand. The only ways to control this demand for oil that may be hurting our planet would be to tax the carbon (increasing the price), therefore decreasing demand.

This article shows an importance of price control on goods. Because of the high diesel and gas prices, people's life are being affected, in a negative way. First of all, people who own cars will fell the financial pinch, because now they spend a lot more on diesel. And lives will not keep running, in some contexts, without cars. And diesel is a fuel for heating too. Canada's winter is freezing cold, without heating, life will be miserable. To ensure people's welfare is protected, a price ceiling for diesel, in this case $1.44 cents per litre.

This article talks about the economy of India, and talks bout how recent budget talks have affected the economic outlook, not only nationally but globally on the economy. It largely consists of questions and answers, asking questions such as when is the price of oil likely to rise, and budget resposnses to rapid GDP growth.

This article talks about Canada's economic growth is better than what the economist anticipated. It reveals the economic growth is desirable for government, along with low unemployment rate. Consumer spending contributes to economic growth, the consumer spending is repressed while oil prices rise so high nowadays. Interest rates is one of the measures government take to control economy.

A year ago, the Occupy movement became one of the big news topics of the year - the popular slogan of this movement being "We are the 99%." This was reference to distribution of income, because protestors were angered at the unequal distribution of income leading to the "Top 1%" having such control over the economy. This article takes a look at how income inequality has continued to change since the movement has started.

This article is about how the Venezuelan government intervenes with the economy by implementing price controls and other regulations. This forces Venezuela to depend more on imported goods and decrease the country's productivity level.