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What does pseudo laissez faire mean?
a philosophy of government which opposes governmental activities to regulate business, but encourages governmental support of business activities
What are two ways by which Government regulates business activities in a country?
Two ways the government of a country can regulate business is to enact new laws that influence business and raise or lower taxes.
An economic condition where government does not regulate or interfere with business'?
Capitalism
What does the government do to regulate business?
They invented the "Monopoly" system so Business would not be so overpowered
What is the policy of having few government laws to regulate business?
A Free Enterprise Policy
What does pseudo laissez faire mean?
a philosophy of government which opposes governmental activities to regulate business, but encourages governmental support of business activities
What are two ways by which Government regulates business activities in a country?
Two ways the government of a country can regulate business is to enact new laws that influence business and raise or lower taxes.
What are the advantages and disadvantages of government involvement in business activities?
The advantages of government involvement in business activities is that it helps regulate the prices of commodities as well as ensure only quality products are in the market. The disadvantages include interference with the business activities and levying high taxes among others.
An economic condition where government does not regulate or interfere with business'?
Capitalism
Regulatory agencies generally have been created for the purpose of?
to monitor and regulate the activities of business
What does the government do to regulate business?
They invented the "Monopoly" system so Business would not be so overpowered
How did the progressives feel about the government?
Government should regulate business to eliminate corruption and improve efficiency.
An economic condition where government does not regulate of interfere with business?
This is referred to as laissez-faire economics.
What is the policy of having few government laws to regulate business?
A Free Enterprise Policy
Role played by government in business in Kenya?
The government in Kenya plays a crucial role in business. One of the main roles is to monitor and regulate the business community with the aim of protecting consumers.
What business has government in business?
It regulates the activities of any business around its scope. It created policy that limits this actions. In this case, bad activities like hoarding in a rice business.
Why couldn't the nation's government regulate the states activities?
For fear of losing the freedom they had just won from great Britain.
