Compared to economic regulation, social regulation

A) is less of a concern to foes of overregulation such as big business.
B) is a recent phenomenon related to reform movements of the 1960s and 1970s.
C) goes back as far as economic regulation in American history.
D) has been advocated mostly by elite democrats.

Social Regulation

Rules imposed by government to correct market failures and improve the social welfare, often relating to health, safety, and the environment.

Economic Regulation

The imposition of rules by the government, aimed at modifying the natural behavior of the economy to achieve specific outcomes like protecting consumers or ensuring fair market competition.

Overregulation

A situation where excessive rules and regulations impede business operations, innovation, or personal freedoms.