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The government intervened in big business primarily to regulate monopolies and promote fair competition, ensuring that no single entity could dominate the market and exploit consumers. Additionally, intervention was necessary to protect workers' rights and ensure safe working conditions, as large corporations often prioritized profit over employee welfare. These measures aimed to create a more balanced economy and safeguard public interests.
What else can I help you with?
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 is Marxist view?
Marxist view of government dealt primarily with the economy. He believed that two economic classes competed to rule the capitalists (business owners) or the workers. Whoever controls the economy will also control the government.
What are the two primary reasons for business failure?
The two primary reasons for business failure are inadequate market demand and poor financial management. Inadequate market demand occurs when a product or service does not meet customer needs or lacks a sufficient target audience, leading to low sales. Poor financial management involves mismanaging cash flow, not budgeting effectively, or failing to maintain proper financial records, which can quickly lead to insolvency. Together, these factors can severely hinder a business's ability to sustain itself and grow.
Name and explain two reasons why changes in supply occur?
There are several ways in which changes in supply occur. They include Technology, Cost of in-puts, productivity, number of sellers in the market, expectations of sellers government taxes or subsidies, government regulation, and production possibilities.
In which two ways do business compete?
location of the business and merchandise
5example of sentences that have a intervention?
The teacher intervened when the students were arguing in class. The police officer intervened to stop the fight between the two men. The therapist intervened to help the patient manage their anxiety. The parent intervened to prevent their child from making a dangerous decision. The supervisor intervened to resolve the conflict between two employees.
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.
Why is a study of business Law important to you as citizen opf Pakistan?
Why is a study of Business Law important to you as a citizen of pakistan? Quote at least two reasons
What two groups cooperated in associationalism?
. Government and business
What is a sentence with the word intervened?
Examples:1. The teacher intervened in the quarrel between the two students and made them realize the importance of respecting each other.2. The retired soldier was beaten up as he intervened in the rioting mob in the street.
How do you merge two small businesses?
The way that you can merge two businesses is that the two business owners need to agree on a merge and its price. This must then be taken up with the government. The Government will then agree or disagree on the whole merge. GCSE BUSINESS ANSWER There are two types of merge in business 1. Friendly 2. Hostile
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.
Two reasons why a business would expand?
1. because the business has something that people want to buy 2 . because the business sells their product at a fair price
Two ways to ratify amendments?
Amendments to WHAT? Government documents or commercial business documents.
What two groups did Harding feel should cooperate for Americas to develop?
Government and business
What two groups did Harding feel should cooperate to America to develop?
Government and business
Bosnia and Kosovo (1990-1999)?
NATO intervened in conflicts in these two countries that were formerly Yugoslavia.
