Business/Economics - learn from the smartest.
Imagine Britannica's 32-volume encyclopedia online right there for you, plus full access to articles. Amazing content, written by world experts, that you can cite for projects and assignments.
Collective governmental effort to control the incomes of labour and capital, usually by limiting increases in wages and prices. The term often refers to policies directed at the control of inflation, but it may also indicate efforts to alter the distribution of income among workers, industries, locations, or occupational groups. See also wage-price control.
Find more information on incomes policy. Upgrade to Britannica Online for more on incomes policy.