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75 relations: Anti-Inflation Act, Australian Labor Party, Belgium, Black market, Bloomberg Businessweek, Bob Hawke, Bread, Bretton Woods system, Bureaucracy, Central bank, Collective agreement, Committee of Public Safety, David Lange, Depreciation, Economic efficiency, Economic Stabilization Agency, Economics, Employers' organization, Enterprise bargaining agreement, Federatie Nederlandse Vakbeweging, Finland, France, Free market, French Revolution, General maximum, George Mason University, Government, Guillotine, Hyperinflation, Inflation, Interest rate, James Callaghan, Korean War, Law of Suspects, Margaret Thatcher, Maximilien Robespierre, Monetary inflation, Money, Money creation, Money supply, Monopoly, National Board for Prices and Incomes, National income policy agreement, Nationalization, Natural gas, Office of Price Administration, Oil, Oligopoly, Pierre Trudeau, Planned economy, ..., Polder model, Presidency of Franklin D. Roosevelt, Price controls, Price gouging, Price signal, Prices and Incomes Accord, Recession, Richard Nixon, Robert Mugabe, Robert Muldoon, Robert Stanfield, Roger Douglas, Shortage, Social Contract (Britain), Social-Economic Council, Stagflation, Trade union, United Kingdom, Vegetable, VNO-NCW, Wage, Wolfram Demonstrations Project, World War II, Zimbabwe, 1973 oil crisis. Expand index (25 more) »
Anti-Inflation Act
The Anti-Inflation Act was a Canadian Act of Parliament that was passed in 1975 by Prime Minister Pierre Trudeau's government in order to slow down the rapidly increasing price and wage inflation.
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Australian Labor Party
The Australian Labor Party (ALP, also Labor, was Labour before 1912) is a political party in Australia.
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Belgium
Belgium, officially the Kingdom of Belgium, is a country in Western Europe bordered by France, the Netherlands, Germany and Luxembourg.
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Black market
A black market, underground economy, or shadow economy is a clandestine market or transaction that has some aspect of illegality or is characterized by some form of noncompliant behavior with an institutional set of rules.
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Bloomberg Businessweek
Bloomberg Businessweek is an American weekly business magazine published by Bloomberg L.P. Businessweek was founded in 1929.
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Bob Hawke
Robert James Lee Hawke, (born 9 December 1929) is a former Australian politician who was the 23rd Prime Minister of Australia, serving from 1983 to 1991.
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Bread
Bread is a staple food prepared from a dough of flour and water, usually by baking.
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Bretton Woods system
The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western Europe, Australia, and Japan after the 1944 Bretton-Woods Agreement.
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Bureaucracy
Bureaucracy refers to both a body of non-elective government officials and an administrative policy-making group.
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Central bank
A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.
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Collective agreement
A collective agreement, collective labour agreement (CLA) or collective bargaining agreement (CBA) is a special type of commercial agreement, usually as one negotiated "collectively" between management (on behalf of the company) and trade unions (on behalf of employees).
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Committee of Public Safety
The Committee of Public Safety (Comité de salut public)—created in April 1793 by the National Convention and then restructured in July 1793—formed the de facto executive government in France during the Reign of Terror (1793–94), a stage of the French Revolution.
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David Lange
David Russell Lange (4 August 1942 – 13 August 2005) was a New Zealand politician who served as the 32nd Prime Minister of New Zealand from 1984 to 1989.
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Depreciation
In accountancy, depreciation refers to two aspects of the same concept.
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Economic efficiency
Economic efficiency is, roughly speaking, a situation in which nothing can be improved without something else being hurt.
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Economic Stabilization Agency
The Economic Stabilization Agency (ESA) was an agency of the United States Government that existed from 1950 to 1953.
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Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services.
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Employers' organization
Just like trade unions being represented by workers for promoting their economic and social interests,in the same manner employer's join employers organisation.An employers' organization or employers' association is a collective organization of manufacturers, retailers, or other employers of wage labor.
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Enterprise bargaining agreement
Enterprise bargaining is wage and working conditions being negotiated at the level of the individual organisations, usually in Australia.
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Federatie Nederlandse Vakbeweging
The Federatie Nederlandse Vakbeweging (English: Federation of Dutch Trade Unions; FNV) is a federation of trade unions of the Netherlands.
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Finland
Finland (Suomi; Finland), officially the Republic of Finland is a country in Northern Europe bordering the Baltic Sea, Gulf of Bothnia, and Gulf of Finland, between Norway to the north, Sweden to the northwest, and Russia to the east.
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France
France, officially the French Republic (République française), is a sovereign state whose territory consists of metropolitan France in Western Europe, as well as several overseas regions and territories.
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Free market
In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.
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French Revolution
The French Revolution (Révolution française) was a period of far-reaching social and political upheaval in France and its colonies that lasted from 1789 until 1799.
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General maximum
The General Maximum, or Law of the Maximum, was a law during the French Revolution, as an extension of the Law of Suspects on 29 September 1793.
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George Mason University
George Mason University (GMU, Mason, or George Mason) is a public research university in Fairfax County, Virginia.
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Government
A government is the system or group of people governing an organized community, often a state.
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Guillotine
A guillotine is an apparatus designed for efficiently carrying out executions by beheading.
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Hyperinflation
In economics, hyperinflation is very high and typically accelerating inflation.
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Inflation
In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.
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Interest rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).
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James Callaghan
Leonard James Callaghan, Baron Callaghan of Cardiff, (27 March 1912 – 26 March 2005), often known as Jim Callaghan, served as Prime Minister of the United Kingdom from 1976 to 1979 and Leader of the Labour Party from 1976 to 1980.
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Korean War
The Korean War (in South Korean, "Korean War"; in North Korean, "Fatherland: Liberation War"; 25 June 1950 – 27 July 1953) was a war between North Korea (with the support of China and the Soviet Union) and South Korea (with the principal support of the United States).
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Law of Suspects
The Law of Suspects (Loi des suspects) was a decree passed by the French National Convention on 17 September 1793, during the French Revolution.
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Margaret Thatcher
Margaret Hilda Thatcher, Baroness Thatcher, (13 October 19258 April 2013) was a British stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990.
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Maximilien Robespierre
Maximilien François Marie Isidore de Robespierre (6 May 1758 – 28 July 1794) was a French lawyer and politician, as well as one of the best known and most influential figures associated with the French Revolution and the Reign of Terror.
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Monetary inflation
Monetary inflation is a sustained increase in the money supply of a country (or currency area).
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Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.
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Money creation
Money creation is the process by which the money supply of a country, or of an economic or monetary region,Such as the Eurozone or ECCAS is increased.
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Money supply
In economics, the money supply (or money stock) is the total value of monetary assets available in an economy at a specific time.
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Monopoly
A monopoly (from Greek μόνος mónos and πωλεῖν pōleîn) exists when a specific person or enterprise is the only supplier of a particular commodity.
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National Board for Prices and Incomes
The National Board for Prices and Incomes was created by the government of Harold Wilson in 1965 in an attempt to solve the problem of inflation in the British economy by managing wages and prices.
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National income policy agreement
Finnish national income policy agreements or comprehensive income policy agreements (often called tupo) are tripartite agreements between Finnish trade unions, employers' organizations, and the Finnish government.
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Nationalization
Nationalization (or nationalisation) is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state.
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Natural gas
Natural gas is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but commonly including varying amounts of other higher alkanes, and sometimes a small percentage of carbon dioxide, nitrogen, hydrogen sulfide, or helium.
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Office of Price Administration
The Office of Price Administration (OPA) was established within the Office for Emergency Management of the United States government by Executive Order 8875 on August 28, 1941.
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Oil
An oil is any nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic (does not mix with water, literally "water fearing") and lipophilic (mixes with other oils, literally "fat loving").
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Oligopoly
An oligopoly (from Ancient Greek ὀλίγος (olígos) "few" + πωλεῖν (polein) "to sell") is a market form wherein a market or industry is dominated by a small number of large sellers (oligopolists).
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Pierre Trudeau
Joseph Philippe Pierre Yves Elliott Trudeau (October 18, 1919 – September 28, 2000), often referred to by the initials PET, was a Canadian statesman who served as the 15th Prime Minister of Canada (1968–1979 and 1980–1984).
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Planned economy
A planned economy is a type of economic system where investment and the allocation of capital goods take place according to economy-wide economic and production plans.
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Polder model
The polder model (poldermodel) is consensus decision-making, based on the acclaimed Dutch version of consensus-based economic and social policy making in the 1980s and 1990s.
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Presidency of Franklin D. Roosevelt
The presidency of Franklin D. Roosevelt began on March 4, 1933, when he was inaugurated as the 32nd President of the United States, and ended upon his death on April 12, 1945, a span of (4,422 days).
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Price controls
Price controls are governmental restrictions on the prices that can be charged for goods and services in a market.
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Price gouging
Price gouging is a pejorative term referring to when a seller spikes the prices of goods, services or commodities to a level much higher than is considered reasonable or fair, and is considered exploitative, potentially to an unethical extent.
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Price signal
A price signal is information conveyed to consumers and producers, via the price charged for a product or service, which provides a signal to increase or decrease supply or demand.
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Prices and Incomes Accord
The Prices and Incomes Accord was an agreement between the Australian Council of Trade Unions and the Australian Labor Party government of Prime Minister Bob Hawke and Treasurer (later Prime Minister) Paul Keating in 1983.
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Recession
In economics, a recession is a business cycle contraction which results in a general slowdown in economic activity.
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Richard Nixon
Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was an American politician who served as the 37th President of the United States, serving from 1969 until 1974, when he resigned from office, the only U.S. president to do so.
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Robert Mugabe
Robert Gabriel Mugabe (born 21 February 1924) is a former Zimbabwean politician and revolutionary who served as Prime Minister of Zimbabwe from 1980 to 1987 and then as President from 1987 to 2017.
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Robert Muldoon
Sir Robert David Muldoon (25 September 19215 August 1992), also known as Rob Muldoon, was a New Zealand politician who served as the 31st Prime Minister of New Zealand from 1975 to 1984, as Leader of the National Party.
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Robert Stanfield
Robert Lorne Stanfield, (April 11, 1914 – December 16, 2003) was the 17th Premier of Nova Scotia and leader of the federal Progressive Conservative Party of Canada.
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Roger Douglas
Sir Roger Owen Douglas (born 5 December 1937) is a retired New Zealand politician who served as a minister in two Labour governments.
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Shortage
In economics, a shortage or excess demand is a situation in which the demand for a product or service exceeds its supply in a market.
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Social Contract (Britain)
The Social Contract was a policy by the Labour government of Harold Wilson in 1970s Britain.
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Social-Economic Council
The Sociaal-Economische Raad (English: Social and Economic Council; SER) is a major economic advisory council to the cabinet of the Netherlands.
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Stagflation
In economics, stagflation, a portmanteau of stagnation and inflation, is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.
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Trade union
A trade union or trades union, also called a labour union (Canada) or labor union (US), is an organization of workers who have come together to achieve many common goals; such as protecting the integrity of its trade, improving safety standards, and attaining better wages, benefits (such as vacation, health care, and retirement), and working conditions through the increased bargaining power wielded by the creation of a monopoly of the workers.
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.
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Vegetable
Vegetables are parts of plants that are consumed by humans as food as part of a meal.
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VNO-NCW
VNO-NCW (known in English as the "Confederation of Netherlands Industry and Employers") is a Dutch employers' federation founded in 1996 as a merger of the Christian-democratic Nederlands Christelijk Werkgeversverbond (NCW), which was founded as fusion of the Protestant PCW and the Catholic NKW, and the liberal Verbond van Nederlandse Ondernemingen (VNO).
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Wage
A wage is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done.
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Wolfram Demonstrations Project
The Wolfram Demonstrations Project is an organized, open-source collection of small (or medium-size) interactive programs called Demonstrations, which are meant to visually and interactively represent ideas from a range of fields.
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World War II
World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.
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Zimbabwe
Zimbabwe, officially the Republic of Zimbabwe, is a landlocked country located in southern Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa, Botswana, Zambia and Mozambique. The capital and largest city is Harare. A country of roughly million people, Zimbabwe has 16 official languages, with English, Shona, and Ndebele the most commonly used. Since the 11th century, present-day Zimbabwe has been the site of several organised states and kingdoms as well as a major route for migration and trade. The British South Africa Company of Cecil Rhodes first demarcated the present territory during the 1890s; it became the self-governing British colony of Southern Rhodesia in 1923. In 1965, the conservative white minority government unilaterally declared independence as Rhodesia. The state endured international isolation and a 15-year guerrilla war with black nationalist forces; this culminated in a peace agreement that established universal enfranchisement and de jure sovereignty as Zimbabwe in April 1980. Zimbabwe then joined the Commonwealth of Nations, from which it was suspended in 2002 for breaches of international law by its then government and from which it withdrew from in December 2003. It is a member of the United Nations, the Southern African Development Community (SADC), the African Union (AU), and the Common Market for Eastern and Southern Africa (COMESA). It was once known as the "Jewel of Africa" for its prosperity. Robert Mugabe became Prime Minister of Zimbabwe in 1980, when his ZANU-PF party won the elections following the end of white minority rule; he was the President of Zimbabwe from 1987 until his resignation in 2017. Under Mugabe's authoritarian regime, the state security apparatus dominated the country and was responsible for widespread human rights violations. Mugabe maintained the revolutionary socialist rhetoric of the Cold War era, blaming Zimbabwe's economic woes on conspiring Western capitalist countries. Contemporary African political leaders were reluctant to criticise Mugabe, who was burnished by his anti-imperialist credentials, though Archbishop Desmond Tutu called him "a cartoon figure of an archetypal African dictator". The country has been in economic decline since the 1990s, experiencing several crashes and hyperinflation along the way. On 15 November 2017, in the wake of over a year of protests against his government as well as Zimbabwe's rapidly declining economy, Mugabe was placed under house arrest by the country's national army in a coup d'état. On 19 November 2017, ZANU-PF sacked Robert Mugabe as party leader and appointed former Vice President Emmerson Mnangagwa in his place. On 21 November 2017, Mugabe tendered his resignation prior to impeachment proceedings being completed.
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1973 oil crisis
The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo.
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Fixed price system, Freezing of wage, Incomes Policy, Incomes policies, Maximum price, Price freeze, Prices and incomes policy, Prices control, Wage and price controls, Wage controls, Wage freeze, Wage restraint, Wage-Price Control.
References
[1] https://en.wikipedia.org/wiki/Incomes_policy
