Reply to this post you agree or disagree

What role does government play in establishing regulations for businesses? Do you think government should be involved in setting regulations for businesses?

Yes, I believe the government should be involved in regulations for businesses. I think the role of the government is to protect the consumers from unethical practices and to help businesses grow to help our economy. In the world of business, there are unethical behaviors such as discrimination, fraud, inequality, environmental damage, labor abuse, and many other unethical behaviors that need to be addressed. The government establishes regulations to prevent these things from happening and also to penalize businesses that do not follow regulations. The government also plays an important role in helping businesses survive. They provide business with loans, relief programs, and other assistance programs such as advising or other services. The relationship between the government and businesses is essential and really beneficial for businesses, consumers, and the government itself.