Let's take a closer look at an example. A price ceiling is the maximum price that can be charged. If the price is set below the equilibrium price, the price ceiling is said to be effective (or binding).
Criminal vagrancy laws were originally aimed at those wanderers and. beggars physically capable of working.24 However, in 1744 vagrancy. crimes were divided into three classes: idle and disorderly persons, rogues and vagabonds, and incorrigible rogues.
The Intolerable Acts, also known as the Coercive Acts, were a series of laws passed by the British to punish colonies that were openly rebelling. They were triggered by the Boston Tea Party of 1773. Instead of regaining control, the laws only caused more revolt. The situation escalated into the Revolutionary War.