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The Food and Drug Administration must approve a new drug before it can be sold to the public.

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What government regulates commerce within the states?

State government regulates commerce within the states (intrastate commerce), provided the goods and services are used entirely within the state.The Legislative branch (Congress) regulates commerce between the states (interstate commerce), international trade, and trade with Native American nations.


What is the economic system in which private business operate competitively for profit with minimal government regulation?

An economic system in which businesses operate with little interference from the government is known as a free market economy. The United States is a good example of this type of economy.


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.


Is US a command economy true or false?

False. The United States operates primarily as a mixed economy, which combines elements of both capitalism and government intervention. While the market largely drives economic decisions, the government regulates certain industries and provides public services to address market failures and promote social welfare. This distinguishes it from a command economy, where the government makes all economic decisions.


What are some examples of mixed economies?

When there is free enterprise as well as government control in a country, it is a mixed economy or dual economy. The United States is an example of this with some strong government regulation along with private enterprise.

Related Questions

What government agency regulates small business loans?

The government agency that regulates small business loans is the United States Small Business Association. There is a large network in place to assist in all areas of small business.


What legal or government entity regulates auctioneers in the US?

There is nolegal or government entity that regulates auctioneers in the US, but laws and regulations formulated by states.


What government regulates commerce within the states?

State government regulates commerce within the states (intrastate commerce), provided the goods and services are used entirely within the state.The Legislative branch (Congress) regulates commerce between the states (interstate commerce), international trade, and trade with Native American nations.


What government agency regulates Wall Street?

United states department of Securities and Commissions


Which branch of government regulates the disputes between the states?

The US supreme court is the branch of the government that regulates disputes between the states. The US Supreme Court is often called the Highest Court in the land.


What is an example of a government?

The United States government


What is definition of 'lawful business'?

A business that obides by the government and states laws.


What is an example of ordered government?

The United States' government.


Which government agency regulates nursing homes?

Generally, the individual states regulate Nursing Homes. The federal government gets involved when the nursing homes get government benefits.


Can both the federal and state government regulate trade within states?

No. Congress regulates interstate and foreign commerce.


What does mean of central government department?

A central government department is a bureaucracy that exists in a centralized body but carries on the business of governing a larger body. The United States Congress is a good example of a central government department.


Who regulates GMO food?

In the United States, the USDA regulates crops and the FDA regulates food