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Government's rational for regulating businesses

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Identify and discuss the government's rational for regulating businesses.

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This solution identifies and discusses the government's rationale for regulating business.

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The government regulates businesses in order to achieve and maintain control. Many would argue that this is beneficial, and they're right - control is always needed or else systems and processes become out of control, which acts as a detriment. One of the main contentions in regulation is that the government has too much power in ...

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