Government Regulation

Paper Summary:

This paper presents two essays on government regulation. The first essay attempts to show how government regulations protect consumers and businesses and help maintain a stable economy. The paper discusses the merits of regulations about hazardous waste, vehicle lemon laws and monopoly and anti-trust laws. The second essay maintains that government regulations harm the economy by hurting businesses. This view portrays how government regulations are so restrictive that they make it impossible for businesses to operate, which negatively affects both consumers and the economy.

From the Paper:

"Since America was in its infancy, the public has looked to federal and state government agencies to protect it from harm. Whether it was the threat of international terrorism or scams from international gold diggers, society has turned to its government and asked it to regulate such activities to protect American residents. While the public recognizes and appreciates such efforts, it quickly changes its tune when it comes to government regulations with regard to business."

Sample of Sources Used:

• Bass, Gary (1995) Government Regulations are an Essential Part of Life Philadelphia Tribune,
• Blockbuster anti-trust case thrown out. (Law & Regulation).(Brief Article) Screen Digest
• Business Attitudes Towards Government Regulations, January 2003 Attitudes to Regulations: Executive Summary http://www.betterregulation.ie/index.asp?docID=44
• Coddington, Josh (2006) Arizona's business associations provide business owners with a louder voice to policy-makers. Arizona Capitol Times
• ____(2005) Government Regulations and Tax Burden Hit Small Businesses. PR Newswire Europe

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