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What are some examples of ways in which the US government exercises central planning and control of the economy?
Wiki User
∙ 7y ago
"Public" utility companies. For instance, the electric company in most areas is actually a private business, but, since it makes economic sense to have only a single set of electrical wires (a "natural" monopoly), the government regulates many aspects of that company's business - from the rates it charges, to the areas it can (or must) provide service to, to the level of service it must provide.
Another great example, which applies across the entire economy, is anti-pollution controls - companies must follow government rules on the disposal and use of many substances, with the idea that the environment itself is a public trust (i.e. something that the government protects in the best interests of everyone).
In a similar vein, labor laws (minimum wage, working hour restrictions and requirements, workplace safety, etc.) are another example of government regulation of business.
Kayleigh Padberg
Wiki User
∙ 12y ago"Public" utility companies. For instance, the electric company in most areas is actually a private business, but, since it makes economic sense to have only a single set of electrical wires (a "natural" monopoly), the government regulates many aspects of that company's business - from the rates it charges, to the areas it can (or must) provide service to, to the level of service it must provide.
Another great example, which applies across the entire economy, is anti-pollution controls - companies must follow government rules on the disposal and use of many substances, with the idea that the environment itself is a public trust (i.e. something that the government protects in the best interests of everyone).
In a similar vein, labor laws (minimum wage, working hour restrictions and requirements, workplace safety, etc.) are another example of government regulation of business.
Wiki User
∙ 13y agoanswer from study island- The Food and Drug Administration must approve a new drug before it can be sold to the public
Wiki User
∙ 11y agothe Food and Drug Administration (FDA) determines the safe standards of all food and drug products in the country.
Wiki User
∙ 13y agoIt has imposed minimum wage laws.
study island rocks.
Wiki User
∙ 13y agoLaws. It creates specific agencies to as agents of enforcement
Wiki User
∙ 14y agoIt has imposed minimum wage laws.
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How does a government get involved in a centrally planned?
A government is involved in central planning because most governments are the center of social and legal planning for the countries they represent. The United States is an example of a government that centrally plans many aspects of the country.
Why is central planning needed?
Central planning is needed to mitigate possible negative outcomes when a natural, or man made disaster occur. Central planning makes preparations to provide the basic human needs to the population of a given area.
What is a distinguishing feature of a command system?
central planning
What are some examples of transition economy?
A transition economy is one that is changing from central planning to free markets. Some of these are Poland, Hungary, and Bulgaria.
How did central planning affect consumers in the former soviet union?
Central planning enabled even the poorest peasants to have enough food, shelter, education and medical treatment.
What is characterized by more government ownership and central planning?
Socialist economy is characterized by more government ownership and central planning.
Form of government in which all power resides with the states and the central government exercises only delegated power is called?
unitary
What does characterized by more government ownership and central planning mean?
mixed economy
Can you apply central government job with deemed university degree?
I was told that you can apply for central government job with deemed univ. degree. But if are planning to work outside INDIA it is a problem
What is a command systems?
Refering to the economic system it means that there is government ownerships and a central planning board.
What is command system?
Refering to the economic system it means that there is government ownerships and a central planning board.
Examples of federalisim?
is a system of government in which power is divided between a central government and smaller political unions, such as states
How does a government get involved in a centrally planned?
A government is involved in central planning because most governments are the center of social and legal planning for the countries they represent. The United States is an example of a government that centrally plans many aspects of the country.
In unitary government the central government?
A State governed as one single unit in which central government is supreme. The administrative divisions of the country can only excercise powers that the central government chooses to delegate
Can you know the revised rules for family planning allowance for central government employees?
my two daughter small daughter is 13 year old what can i get familly planning allawenses
What has the author Gordon Stephenson written?
Gordon Stephenson has written: 'A planning study of Kingston, Ontario' -- subject(s): City planning 'The design of central Perth' -- subject(s): City planning, Central business districts 'Compassionate town planning' -- subject(s): Politics and government, History, City planning, Public health 'A redevelopment study of Halifax, Nova Scotia' -- subject(s): City planning
Relevance of central based theory in regional planning?
relevance of central based theory in regional planning
