Political Science, asked by renuka1987devi, 9 months ago

how can loss ensure that market work in a manner that is fair give two example to support your answer​

Answers

Answered by Anonymous
1

Answer:

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Answered by Anonymous
1

Answer:

Laws ensure that markets work in a fair manner by protecting the people from unfair practices.

The two examples are :

The government should regularly inspect the working condition and punish the violators. The frequently upgraded Minimum Wages Law ensures that workers are not exploited and over-worked by companies that hire them.

The government should monitor the activities of individuals or private companies if they are adhering to safety standards. Also, a law keeping check on the quality of production makes sure that sub-standard goods do not enter the market.

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