No matter how many licenses the government gives out, rules with licenses will lead to a sustainable outcome

Question

Social Studies

Marisol Burns

17 January, 16:16

No matter how many licenses the government gives out, rules with licenses will lead to a sustainable outcome

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Tucker Morales · Answer 1

That statement is false.

For example, let's say that the number of people who have commercial liscenses are increasing from 10 to 20.

Even though this means that there is a massive increase in employment, there is also a massive increase in competition that could bankrupt a certain organization and forced it to let go of their employees.