Give an example for each of the folowing to show how the goverment has regulated economic activity to:?
(B)Protect consumers
(C)Protect workers
THANK YOU!!!!
Answer:
(A) EPA (Environmental Protection Agency) air pollution limits
for automobiles, factories, power plants, etc.
(B) FDA (Food and Drug Administration) Regulate food and
medicine to ensure safe products hit the market.
(C) OSHA (Occupational safety and Health Agency)
Regulate safety at job sites.
Federal Minimum Wage, Discrimination Prevention laws.
(a) environmental taxes and fines
(b) food regulation, SEC
(c) minimum wage, trade unions
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