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 Pure Food and Drug Act of 1906 targeted toxic drugs, and was expanded to address misleading drug labels in 1912. But the piece of legislation most relevant to the War on Drugs was the Harrison Tax Act of 1914, which restricted the sale of heroin and was quickly used to restrict the sale of cocaine as well.