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 monetary reform of 1795
surface form: French Revolutionary economic policy
regulates hoarding
maximum legal prices
profit margins
speculation
relatedTo maximum on prices (Law of the Maximum) self-linksurface differs
surface form: Law of the General Maximum

Law of the Minimum on Wages
supportedBy Montagnard highland peoples
surface form: 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 (Law of the Maximum) relatedTo maximum on prices (Law of the Maximum) self-linksurface differs
subject surface form: maximum on prices
this entity surface form: Law of the General Maximum