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Question

Economics Write a one-page editorial in which you argue that government regulation either helps or hinders economic activity and the public welfare.

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Answered 1 year ago
Answered 1 year ago

The government of a country is responsible for all aspects of people's lives. Leaders guide and implement policies to make the country better. For this reason, I believe that government regulations on economic activities are essential to avoid any problems and chaos. Policies are necessary because they set the limits of industries on what they should and should not do. It will be the weapon of the workers in case they experience further abuse from their employers. Also, it will balance the competition of the companies that exist in the country.

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