maximum on prices (Law of the Maximum)

E324645

The maximum on prices, or Law of the Maximum, was a French Revolutionary policy that imposed legal limits on the prices of essential goods to curb inflation and protect consumers during the economic turmoil of the 1790s.

All labels observed (2)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf French Revolutionary law ⓘ
consumer protection measure ⓘ
economic regulation ⓘ
price control policy ⓘ
aimedAt poor consumers ⓘ
urban working classes ⓘ
alternateName Law of the Maximum ⓘ
Maximum des prix ⓘ
appliesTo essential goods ⓘ
foodstuffs ⓘ
fuel ⓘ
wages ⓘ
consequence black market activity ⓘ
shortages of goods ⓘ
tension between urban and rural populations ⓘ
country France ⓘ
economicPolicyType direct market intervention ⓘ
price ceiling ⓘ
enforcedBy local authorities ⓘ
revolutionary committees ⓘ
field economic history ⓘ
legal history ⓘ
political history ⓘ
follows economic turmoil of the 1790s ⓘ
hasLanguage French ⓘ
hasPurpose controlling wartime economy ⓘ
curbing inflation ⓘ
ensuring affordable basic necessities ⓘ
protecting consumers ⓘ
historicalContext Reign of Terror ⓘ
War of the First Coalition ⓘ
historicalPeriod French Revolution ⓘ
implementedBy French National Convention ⓘ
inspiredBy revolutionary egalitarian ideals ⓘ
legalForm decree ⓘ
opposedBy Girondins ⓘ
merchants ⓘ
rural producers ⓘ
partOf French Revolutionary economic policy ⓘ
regulates hoarding ⓘ
maximum legal prices ⓘ
profit margins ⓘ
speculation ⓘ
relatedTo Law of the General Maximum ⓘ
Law of the Minimum on Wages ⓘ
supportedBy Montagnards ⓘ
sans-culottes ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

French National Convention → implemented → maximum on prices (Law of the Maximum) ⓘ
maximum on prices → relatedTo → Law of the General Maximum ⓘ
linked to: maximum on prices (Law of the Maximum)