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Shows the shortage of civilian goods during World War II and illustrates, using diagrams, how uncontrolled buying leads to inflation. Bidding for available goods causes prices to soar, with the mounting spiral finally ending in inflation. To avoid economic disaster, Canada's price ceiling was established.
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Controls for Victory(1940)
January 1, 1940 · 2m
Shows the shortage of civilian goods during World War II and illustrates, using diagrams, how uncontrolled buying leads to inflation. Bidding for available goods causes prices to soar, with the mounting spiral finally ending in inflation. To avoid economic disaster, Canada's price ceiling was established.
