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Q: How might government licensing of business allow politicians to favor one business over another?
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What is the definition of licensing in international business?

A business arrangement in which one company gives another company permission to manufacture its product for a specified payment


When the government has laissez faire economic politics what were they doing about his business?

It depends entirely on who "they" are and who "his" business belongs to. Assuming that this is a pure laissez-faire system, the government would not interfere in business activities in any way save to prosecute criminal acts, such as an employee murdering another employee. The government would not employ any regulations.


Why does the US government track and influence business cycles?

To try and prevent another Great Depression. They try to keep an equilibrium going between the ups and downs of the economy.


How does the government benefit from providing free services to the community?

Government and Private Business have a symbiotic relationship. The Government doesn't actually produce anything. They take wealth in one form or another from the Private side of things, and then uses it as they see fit. Often times they put it back into the private side in one way or another. So they don't actually provide "free" services, they are just putting the money they took back into the business. What they gain from doing so is, hopefully, a more healthy private business. After all, the better a private business does the more money the government gets from them. Businesses also provide jobs, so the better a given business does, the more people they can employ and/or the more they can pay those people. The more jobs, the higher the wages, the more tax money to the government (along with all the other benefits that come along with people being employed).


What was the relationship between government and business in the late 1800?

In the latter half of the 1800s, businesses were doing pretty much what they wanted, including building monopolies, paying low wages, and allowing terrible working conditions. Government did little to stop it for a long time. Around 1890, the Progressives in government decided to put a stop to a lot of the abuse. The government started to regulate several business practices including making monopolies illegal. Businesses were not happy and have been fighting government regulations in one form or another ever since.

Related questions

What is the definition of licensing in international business?

A business arrangement in which one company gives another company permission to manufacture its product for a specified payment


Who were Roosevelt's advisors?

One group wanted government-business cooperation. another wanted great government control. Another wanted to increase competition.


What is the difference between broad based paralegal licensing and limited licensing?

Broad-based licensing would cover every paralegal. Limited licensing is government permission to persons meeting specified qualifications to engage in designated activities that are customarily (but not always exclusively) performed by another category of license holder.


What is another word for statesmanship?

It might be Business Owners A+Ls or Government for reading this passage


Do all bureaucrats work in Washington D.C.?

Bureaucrats is another name for those involved in administration, politicians can be considered a part of this group, and there are politicians who live and work all over the planet Earth, not just the ones who are apart of the federal government of the USA in Washington DC.


What does reciprocity mean in medical terms?

In terms of professional licensing, it means that one state recognizes the licensing of another state.


What are the different government agencies that is concerned in business activities of the Philippines?

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.


What does the acronym sba gov stand for?

SBA GOV can either stand for two things. Number one: Small Business Administration of the Government, an association by the US government that helps you build your own small business. Number two: Small Business and Government, yet another association that helps create small businesses with the government.


Do you have to get a license to be a landscape contractor?

The required licenses would be those necessary to do business in the specific area. City, county or state business licensing requirements vary from one jurisdiction to another. This site can help you location the info you need: http://www.businesslicenses.com/


Does Donald Trump have any political or government experience?

BOSS- Answer:Noo he does not. He's just another business man like George W. who took his business plan to office. See the game is about turning the most profit by not negotiating with the government but becoming the government.


When the government has laissez faire economic politics what were they doing about his business?

It depends entirely on who "they" are and who "his" business belongs to. Assuming that this is a pure laissez-faire system, the government would not interfere in business activities in any way save to prosecute criminal acts, such as an employee murdering another employee. The government would not employ any regulations.


How do you sue the government or a government organization that is unlawfully damaging my biz in another country?

You must bring suit in the country in which your business is being damaged - NOT in the country that you allege is doing the damage.