In the 1970s, the U.S. government set the price for gasoline around one dollar per gallon. Define price controls and describe how some people believe they protect competition.

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Answer 1

Answer: By lowering gas prices than other stores so they would get the most of the money.

Related Questions

What is knowledge? how should we value it?

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Knowledge is something you need in life if you want to have a child. You Also need knowledge if you want to succeed in life. I am just waffling because I have no knowledge

How did Samuel Morse revolutionize communication in the 1800s? A. He developed alternating current. B. He invented the electric telegraph. C. He invented the telephone. D. He proved that steam could power machines. (3 pt) How did Samuel Morse revolutionize communication in the 1800s? A. He developed alternating current. B. He invented the electric telegraph. C. He invented the telephone. D. He proved that steam could power machines.

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The answer is B, he invented the electric telegraph. He never dealt with steam power, ruling out D as an option, the telephone would not be invented for some time, and not in his lifetime, ruling out C. Finally, Nikolai Tesla invented Alternating Current, ruling out A. I hope this helps, have a nice day! :)

What were the goals of the Grange?

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Answer: The correct answer is : to increase crop profits for farmers

Explanation: La Grange was an organization created to help Western farmers so they could fight against unfair economic practices and a poor economic condition. La Grange began as an agrarian social movement, but in the 1880s it became more and more a political movement.

If you mean the Granger Movement they wanted the unlimited coinage of silver to cause inflation so it would be easier to pay off their debts. They also wanted the railroad to be regulated by the government becuase they were getting ripped off by the railroad.

What caused the fall of the Qin Dynasty?

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lack of food recources and other stuff like cultural extermination and yea....

What was life like for the Jews in Greek-ruled lands?

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Answer:

The Jews lived peacefully and allowed to stay in Judah. The Greek language introduced in the lives of Jews.

Explanation:

Jews in Greek ruled land were allowed to stay in Judah. Jews in Greece traces back to the period of the 4th century BCE. The oldest Jewish group who stayed in Greek were the Romaniotes. Aside from the Romaniotes, Sephardi Jews lived in communities throughout Greece and neighbouring areas. Jews adopted the Greek language and its culture in their lives to mix with Greeks.

u were put to work every day so it was tough

How might accurate weather forecast help fishers and farmers

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They will be sure whether or not it is safe to go out to sea or stay in shelter.

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Which present-day countries were controlled by portuguese

A weather report states that the relative humidity is 40%. What does this value mean?