365,510 views
44 votes
44 votes
On which kinds of goods do governments generally place price ceilings?.

User Nightfirecat
by
2.7k points

1 Answer

23 votes
23 votes
Governments generally place price ceilings on items that are essential but too expensive for some consumers.

Governments place these ceilings so that people are unable to charge a lot of money for something that people need. If there were no price ceiling set on some items such as food and gas, some people may not be able to eat or get to work.
User David Shortman
by
3.2k points