types of government regulation on business
Transcript of Pros and Cons of Government Regulation on the Economy. Pros and Cons of Government Regulation on the Economy. Types of Government Regulation. Social: refers to the broad category of rules governing how any business or individual carries out its activities, with a view to correcting one or more market failures.â. Economic: refers to rules that limit who can enter a business (entry controls) and what prices they may charge..