increased monitoring and regulations of companies in certain sectors of our economy Free Essay, Term Paper and Book Report
This essay will comment on the role and effectiveness of increased monitoring and regulations of companies in certain sectors of our economy in recent years.
There are many sectors in our economy, they are all full of firms competing with each other and trying to make their firm the number one in the industry. The competition between them is intense as there is large amount of money involved and neither firm wants to lose out on the money. The trading between firms, produces and consumer needs to be monitored and regulated. The reason for this is to insure that the consumer gets a fair trade and that every product or service is to a satisfied standard. We have organisations and other firms to monitor and regulate the economy. The government is introduce regulation so that the market is consistent and does not collapse.
The UK market has varied over the last decade. The government is one of the key regulators of the market. They are responsible for bring legislation to control the market. It is possible for a market economy to have government intervention in the economy. The k......
Word Count: 1396
Page Count: 5.5 (250 words a page / double spaced)
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