Economic Regulations
Economic regulations are rules set by governments to control how businesses operate within the economy. These regulations can cover various aspects, such as pricing, competition, and market entry. The goal is to promote fair competition, protect consumers, and ensure that businesses do not engage in harmful practices.
Regulations can also address issues like environmental protection and labor rights. For example, the Environmental Protection Agency (EPA) enforces regulations to limit pollution, while labor laws ensure fair wages and working conditions. Overall, economic regulations aim to create a balanced and fair marketplace for all participants.