Why government controls business activities?
Laws against unfair discrimination at work and when applying for jobs. There is no unfair discrimination on the basis of Race, religion, sex, age, or colour.
Legislations for health and Safety at work:Business can not dismiss the workers because they have joined a trade union or for being pregnant. There should be proper warning before dismissing a worker otherwise it will be treated as unfair dismissal.
Ensure fair wages for the employeesIn many countries, government makes it mandatory to have a written contract of employment. It contains the details of the wage rate; working hours, deductions (if any) and other necessary details regarding working conditions. Minimum wages paid to different types of workers are also determined by the government. Consumer Protection legislationsMost of the countries have consumer protection laws aimed at making sure that businesses act fairly towards their consumers: A few examples areWeight and Measures Act: goods sold should not be underweight. Standard weighting equipments should be used to measure goods.
Trade Description Act: deliberately giving misleading impression about the product is illegal.
Consumer Credit Act: According to this act consumers should be given a copy of the credit agreement and should be aware of the interest rates, length of loan while taking a loan.
Sale of Goods Act: It is illegal to sell products with serious flaws or problems and goods sold should conform to the description provided.
Environment protectionIn the recent years government across the globe have passes legislations to control business activities from harming the environment. This includes setting limits to the pollution, making it mandatory for businesses to treat their wastes etc. Location decisionsGovernment often influences location of business throughDeregulation of business refers to a reduction of government. With more control over, government has less involvement in businesses, which is why it is considered to be a smaller government.
a philosophy of government which opposes governmental activities to regulate business, but encourages governmental support of business activities
Two ways the government of a country can regulate business is to enact new laws that influence business and raise or lower taxes.
they dont. they are going to exploite it.
how long have you been waiting for a answer
Deregulation of business refers to a reduction of government. With more control over, government has less involvement in businesses, which is why it is considered to be a smaller government.
Administrative Law
The amount of control government should have over business activities.
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.
a philosophy of government which opposes governmental activities to regulate business, but encourages governmental support of business activities
truee :) -novanet
Government should prohibit illegal activities and activities that are detrimental to the economy. To do this, they have to establish agencies and committees to monitor various industries.
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.
Generally speaking, Yes. Capitalists argue that the government should have no role or a minimal role in controlling and directing businesses. Socialists argue that the government should either own and direct business or use stringent regulations to guide business activities.
The Securities and Exchange Commission, and the Department of Labor and Employment are two government agencies in the Philippines that are concerned with business activities. Another is the Department of Tourism.
Government control of business.
you have to grasp the head good and tickle the headwith your tong, it will make him feel great until his milk explodes everywhere!