Government Regulation In The US

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The federal government of the United States of America is in charge of regulation and supervision of citizens. When it comes to regulation of the economy, the government can either intervene or let the market fluctuate based upon natural forces. I believe that the government should use a laisse-faire method in the economy. One of the greatest aspects of an open market is the use of competition. This causes an overall lowering of prices and a rapid increase of advances in every sector of the market. With government intervention, the U.S. gets a regulation of market with the addition of low competition, a monopoly on services, and less power of the customers. Customers of the market have the ability to change how corporations target their brand …show more content…

The government agencies who are in charge of regulating have no competition, so as long as a corporation is government certified, they are the same quality of other companies. If there were privatized companies who could regulate the standards, corporations would then have incentive to achieve a higher quality of standards to gain the best reputation available. Government regulators also have no incentive for the quality of service they provide. With a market forced regulation, goods and services would be forced to compete for the highest quality of standards and would self improve itself over time to let the strongest companies survive while the weaker companies must either compete of die …show more content…

The United States has so many resources such as solar, wind, hydro, and natural gas that we need more research on. The government has tried and weighed in on the energy crisis in the world but it may be too late to become the world leader of new energy. The United States has failed to conduct vigorous research and development in the removal of fossil fuels and has tried to figure out a more efficient way of using the fuels already in use. This can cause of alarm in the upcoming decades with cars and planes using up petroleum faster than previously thought.

Going along with the use of fossil fuels is the discussion on global warming. The CO2 emissions given off by vehicles is outrageous. And, with Volkswagen now involved with a scandal of false emission readings, the ozone is severely in trouble. One way to decrease the expulsion of CO2 would be a tax incentive for corporations to switch 20% or more of their existing power to clean energy such as wind or solar. This would also encourage small businesses to do the same with a similar incentive. Just asking people to change their lives will not do, people need a reason to change, and money is that

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