In your opinion, what aspects of the economy should be subject to some government regulation, involvement, or oversight?

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Business

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9 April, 13:36

In your opinion, what aspects of the economy should be subject to some government regulation, involvement, or oversight?

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Marquise Mendoza · Answer 1

Answer with Explanation:

In my opinion, the aspects of the government that should be subjected to some regulation, involvement or oversight are education, political structure and businesses.

These areas should have a set of rules in order to function effectively in the society. If the government will regulate education, many children will be able to learn. Learning can become an important requirement in order for the citizens to work or engage in businesses. Regulating the political structure is a must. This will prevent the monopoly of power of many politicians. It will also ensure that the political system is coordinated, trusted and unbiased. The government should also regulate businesses in order to provide equality. The businesses should follow a standard of rules (such as a common price standard) in order to practice fairness.