Regulation | Wikipedia audio article
Channel: Subhajit Sahu
Date: 2018-12-07

This is an audio version of the Wikipedia Article:
Regulation


00:00:58 1 Social
00:02:41 1.1 Reasons
00:04:30 1.2 History
00:06:30 2 See also



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"The only true wisdom is in knowing you know nothing."
- Socrates



SUMMARY
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Regulation is an abstract concept of management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example:

in biology, gene regulation and metabolic regulation allow living organisms to adapt to their environment and maintain homeostasis;
in government, typically regulation means stipulations of the delegated legislation which is drafted by subject-matter experts to enforce a statutory instrument (primary legislation);
in business,  industry self-regulation occurs through self-regulatory organizations and trade associations which allow industries to set and enforce rules with less government involvement; and,
in psychology, self-regulation theory is the study of how individuals regulate their thoughts and behaviors to reach goals.