Government Regulation Essay

What is the role of Regulation in the economy? In what ways does the government regulate economic activity? What are the cost and benefits of economic regulation?

“For example, the federal government regulates the quality of food and water, the safety of workplaces and airspaces, and the integrity of the banking and finance system.” (Bianco, Canon 2011, p 582) Regulations find out if the product is a market failure. There are two types of regulations, which are economic and social. “Economic regulations sets prices or conditions on entry of firms into an industry, where as social regulation address issues of quality and safety.” (Bianco, Canon 2011, p 582) Economic regulations are concerned with the price regulation of monopolies.

There have been positive attributes from the regulations. One of the positive effects on businesses is that enhanced environmental security has allowed for more investors to start trade in the regions with effective regulatory measures. This is because increased regulatory measures have resulted in the investors gaining not only positive returns, but also consumer trust due to their compliance (Lieberman, 2010). Therefore, there has been significant growth in investment; however, the negative influences have managed to cover these positive influences. The government has also managed to generate substantial amounts of money from the charges and used them in establishing a friendly environment for other potential investors.

First of all, every economic sector that was subject to economic regulation before 1975, has undergone significant changes in the nature and extent of regulation. These changes had profound effects on the structure of industries, price levels, costs and productivity. The industries in which changes occurred in economic regulations are the carriers, heavy transport, public transport, railways, telecommunications, production and transportation of natural gas, cable television, banking and financial services , electricity and property insurance and liability. These industries vary in structure, behavior, nature of regulation, and distribution of responsibilities between federal and state regulatory authorities. There are also wide variations in the major reasons, causes, and consequences of regulatory changes in these industries.

Discuss some of the ways that industrialization changed America. Give some concrete examples and back up your answers with as many facts as possible.

saved than in the U.S. due to the fewer restrictions on new drugs unlike the U.S.

Only in the latter stages of the Industrial Revolution did the health factor really hit. In reality, this term really should be coined Hygiene.The development of the self-acting mule spinner allowed for mass production of cotton, which was far more hygienic than its previous predecessor, wool. Wool was difficult to wash and difficult to wear in heat. Cotton was more comfortable, easily washable, and easy to maintain.The appearance of chemicals, particularly in Germany, prompted new medicinal advances, as did the rise of germ theory.

Industrialization in the Unites States occurred between 1850 and 1950. It was the approach from the United States to become larger with enhanced technology to produce a life which cost less and was more efficient. While some might dispute that Industrialization had primarily positive consequences for society because of an abundance of job opportunities, it had a negative impact on society. Therefore, industrialization’s negative effects were atrocious working conditions, children’s little or no education, and pollution from factories.

The United States has always housed two types of people: those who embrace change and those who resist it. From loyalists and revolutionaries in the eighteenth century to democrats and republicans in the twenty-first, changing economic tides and social conditions often spark factions in this nation. In the case of the Antebellum period, new technology and working environments caused turmoil. In a few short decades, the country would be locked in a civil war. However, before that came a series of religious and reform movements. Some of these movements would grow into national conversations, but began first with small groups. In Antebellum America, industrialization caused a breakdown in social structure, especially norms of class, gender, and race. This led to middle and upper class men in the North and the South using similar strategies to resist social change. Industrialization also allowed alternative voices to advocate for entirely new dynamics of power surrounding class, gender, and race.

The current government regulations I researched pertain to the clinical guidelines and the civil rights of persons living with HIV/AIDS in Portland, Oregon. Many people living with HIV/AIDS, at some point during their illness, find themselves in need of housing assistance and support services. Stable housing promotes improved health, sobriety or decreased use of alcohol and illegal drugs, and, for some, a return to paid employment and productive social activities. As the number of people living with HIV/AIDS continues to grow in both urban and rural areas throughout the United States, stakeholders must find new ways to address their needs to promote the health and well-being of these individuals

62. The main cause of the war was that the US wanted free and open trade with both Great Britain and France but they war at war. France did not want America trading with Britain and Britain did not want America trading with France. Another was the impressments of American sailors into the British navy and involvement with Native American unrest on the US frontier. This war was important because in it American showed willingness to defend its interest by using war and military and it gave the young nation respect from European powers.

The United States transformed into an industrial economy in the late 19th century. An outburst of technological innovations fueled the growth of the industrial economy. The rise of industrialization in America had a more negative than positive impact on the development of American Society because of political corruption, work exploitation, and economic developments. The industrial economy brought political corruption to the United States.

While a case could be made that the following inventions were just as important globally, for the sake of brevity and personal preference, this essay will focus upon the United States of America. The proliferation of transportation systems, the refrigerator, and the telegraph were the most important developments of the American Industrial Revolution as they allowed for western expansion and established a foundation for growth.

The Industrial Revolution brought about an overwhelming amount of economic change to the United States. The first Industrial Revolution started in Great Britain and in Europe in the latter part of the eighteenth century and, it then spread to the United States and Germany. The Industrial Revolution itself refers to a change from hand and home production to machine and factory (Kelly). During this time period, America was growing in knowledge. The industrialization of America involved three great developments. Transportation was expanded, electricity was effectively harnessed and many improvements were made to several industrial processes (Kelly). Although this change greatly helped the United States economy, it had both a positive and negative impact on the lives of the American people.

Industrialization began in 1877 and ended in 1900 the United States (U.S.). To have Industrialization, you must have these four things: natural resources, transportation, urbanization, and technology. During this era, jobs became a necessity for citizens in the United States, industries began to boom as well as new homes for people, but that also caused problems. Transportation was developed and it made life easier for transporting people and goods from place to place. Many inventions helped the United States with many things. For example, the telegraph helped send messages and the light bulb helped people see in the dark. Also, many Americans were losing their jobs because of immigration. Children during this time period had it just as rough as the adults, maybe even more than them. The Industrial Revolution led to the growth of cities, industries, new inventions, and major points that created transportation and housing for citizens because of new jobs and productions.