government affects the economy through regulatory policy, which aims to limit what can be done in the marketplace. Most governments have some regulations covering a variety of areas, including: Banking, insurance, and other financial businesses.
Regulatory policy is formulated by governments to impose controls and restrictions on certain specific activities or behavior. Both state and non-state actors have been engaged in the control of social and economic practices
For many Americans, the American Revolution chained their views of the enslavement of African Americans in that they started to view slavery as a hypocritical evil since they had just fought for their own "freedom" from Great Britain.
