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.
Among the first laws passed by the new governments were these Black Codes, which attempted to regulate the lives of the former slaves. These laws granted the freedpeople certain rights, such as legalized marriage, ownership of property, and limited access to the courts.