Price controls can be traced back as far as
A) ancient Babylon of 4,000 years ago.
B) ancient Greece of 2,500 years ago
C) ancient Rome of 2,000 years ago.
D) ancient Egypt of 3,000 years ago.
E) recent times,since organized markets under organized government and legal systems are necessary to effectively impose such controls.

Question

Quizplus · Accepted Answer

Price controls date back to ancient Babylon, around 4,000 years ago, where the Code of Hammurabi included laws regulating prices.

Price Controls Can Be Traced Back as Far as