Regulatory policies are rules and guidelines established by government agencies to control and manage various activities within society. These policies aim to protect public interests, ensure safety, and promote fair competition in areas such as healthcare, environment, and finance. They help maintain order and prevent harmful practices by setting standards that individuals and businesses must follow. These policies can take many forms, including laws, regulations, and guidelines. For example, the Environmental Protection Agency (EPA) creates regulations to limit pollution and protect natural resources. By enforcing these rules, regulatory policies help create a safer and more equitable environment for everyone.