Five areas of regulation are federal highways, occupational health and safety, immigration, labor standards, and food and drug distribution and preparation, this is not a conclusive list as there are many other areas of regulations.. How do these areas of regulation affect your life in a practical way? I.e., Do not describe how regulation may hinder your ability to exercise your right to bear arms or your free speech rights.Instead, discuss how regulation impacts your daily activities such as driving, working, and shopping, etc.