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Delvig [45]
3 years ago
9

What is regulation in an economic system?

History
1 answer:
inessss [21]3 years ago
5 0

Regulation in an economic system is the application of rules by the government or other administrative agencies backed by the use of penalties intended to support a competitive and growing economy.  It can also aim at protecting the environment, plan an economy, and enrich connection of firms.

In certain sectors natural monopolies limit the prospects for effective competition and economic regulation is aimed at promoting effective competition where big and small companies have an opportunity for growth and consumers’ interests are protected.

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Which of the following statements is NOT TRUE?
scoray [572]

Among the given above options the false statement is ''A census is taken every 10 yrs and determines how many constituents a House member represents.''

Answer: Option B

<u>Explanation:</u>

Census take place once in every ten years but the main purpose of the census is not to determine the number of the constituents of a house member.

The main purpose of the census is to determine the population and the number of people who are living in the states and on this basis of the population, the seats in the house of the representatives are given to the states according to the population. Like the most populous state is given the maximum number of seats and so on.

7 0
3 years ago
How was the Boston Massacre in 1770 an early version of “fake news”?
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Answer:

The Boston Massacre is etched in our mindset because of an etching that stands as an indisputable example of 1770-style “fake news." The engraving by Paul Revere, which showed British soldiers lined up and firing indiscriminately at helpless colonists, ignored eyewitness reports that the soldiers were being threatened.

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3 years ago
Why were masks an important part of ancient West African culture?
NeX [460]

Answer:

I would say They helped dividediffrent social classes!

Explanation:

HOPE IT HELPS :))

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3 years ago
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Taxing citizens , building and maintaining roads , trying convicting and pushing citizens for crimes
cricket20 [7]

Taxing Citizens - The Legislative arm of government is responsible for making tax laws.. . Building and Maintaining Roads - This Executive arm of government is responsible for building and maintaining roads. Though some of these projects are funded by the Federal government, the responsibility of building is on the State governments. but can be delegated to counties, cities and towns. . Pushing citizens for crimes - The judiciary arm of government is responsible for interpreting the law and giving verdicts on legal consequences of crimes.

7 0
4 years ago
How do the presidents power to recommend or veto legislation and to grant reprieves and pardons illustrate the principle of chec
puteri [66]
<span>The President exercises a check over Congress through his power to veto bills. The president also appoints judges with the Senate's advice and consent. He also has the power to issue pardons and reprieves, and as a Commander in Chief has the authority to command the U.S. armed forces.</span>
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