Political Science, asked by AsmitRanjan, 4 months ago

Why should the government regulate the economic activities?

ans in long please​

Answers

Answered by parthu2011
0

Answer:

Without government intervention, firms can exploit monopoly power to pay low wages to workers and charge high prices to consumers. ... Government intervention can regulate monopolies and promote competition. Therefore government intervention can promote greater equality of income, which is perceived as fairer

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