What supports federal government regulation of industry

Reference no: EM133564451

Assignment:

What argument supports federal government regulation of industry? Regulation allows for greater choice by consumers, which people have come to expect. If states are allowed to create their own regulations, they may lower standards to attract businesses, which could then harm the environment. Effective government regulations create incentives for businesses in various industries. States are better able to decide their own needs, and federal regulation supports this.

Reference no: EM133564451

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