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Business, 01.05.2021 15:30 goodkida7

regulation applies to specific​ industries, whereas economic social regulation applies to businesses throughout the economy. Governments commonly regulate the prices and quality of services provided by​ electric, gas, and other​ utilities, which traditionally have been consideredtechnological oligopolistic geographic natural monopolies. Governments also single out various nonmonopolistic​ industries, such as the financial and transportation​ industries, for special forms of economic social regulation. Among the common forms of economic social regulation covering all industries are the​ occupational, health, and safety rules that federal and state governments impose on producers.

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