Government Regulation

Throughout history there have been many different opinions about government regulation. Some believe the government regulates business too much others feel that the government does not do enough. I believe the government is regulating business far too much and furthermore putting businesses out of business and causing many workers to lose jobs. In this paper I will point out the common problems dealing with government regulation. I will also focus on three major aspects of government regulation which include: 1) regulation interferes with production by halting innovation and discouraging risk taking, resulting in declining employment, 2) government over regulates by setting standards for every aspect of manufacture when it could allow businesses to set overall objectives for their business, 3) regulation cost too much in business compliance, which is passed on to the consumer and finally forces the company out of business. …