Question

describe an instance where a government has taken some action the result of which is influence on commerce

Please make sure answer should be at least 25 sentences.

Answer 1

Several regulations and policies are developed by governments that direct businesses. Some laws are compulsory, such as minimum wage, while other policies can indirectly affect your company. Businesses must be sufficiently agile to adapt to evolving rules and policies. It happens not only at national level, but also more geographically, as states and municipalities have their own set of rules. Nonetheless, international treaties can also influence the way companies do business.

The monopolies ' social and financial risks are apparent. In order to fight the impacts of these extensive organizations, the government has tried to control monopolistic organizations through both legislation and court cases. Despite the fact that the steps taken by the US since shifting have usually been consistent, the argument of curbing business power. Four arise from the others, despite the fact that instances of government-led interventions are boundless: nineteenth-century railways, Microsoft, and IBM. Most control spread around the railroad business in its initial history.At first, the open enterprise management burden fell on the individual states. In any case, the ineffective legislation passed and the powerlessness of managing railroad monopolies made the government direction necessity agonizingly obvious.

Governments are getting money from taxes to invest. Higher spending includes tax or borrowing increases. Any increase in taxes will discourage investment, particularly among entrepreneurs taking the risks of starting and managing businesses. Increased spending is also eating in the small savings pool, leaving less money for private investment.Private investment reduction reduces the production of goods and services. This, in effect, can lead to job elimination. Trade regulations, the minimum federal wage and permit or license requirements have an impact on business. Periodic health inspections in all restaurants, for example, must be performed. Businesses can spend a lot of money and time dealing with regulations that are ultimately ineffective and unnecessary. However, fair and effective regulations promote entrepreneurial growth.