Question

What is the role of government regulation in selection of an enterprises

Answer 1

President Coolidge once said the chief business of the American people is business. Indeed, the private sector is the country's chief economic force, but it needs government regulation. The U.S. government's role in business is as old as the country itself; the Constitution gives the government the power to regulate some commerce. Though the government’s role has increased over time, the business community still enjoys considerable freedom. The government exercises its authority several ways.