Asked by Brendan C Royal on Jun 07, 2024
Verified
What is the role of regulation?
Regulation
A set of rules or laws designed to control or govern conduct, typically implemented by a governmental body.
- Familiarize oneself with the concept and importance of bureaucracy.
Verified Answer
FM
Fernanda MorenoJun 13, 2024
Final Answer :
Students' answers may vary.
The contemporary debate over bureaucracy has focused primarily on those agencies that regulate the economy.Regulation is "a process or activity in which government requires or proscribes certain activities or behavior on the part of individuals and institutions-and does so through a continuing administrative process, generally through specially designated regulatory agencies." There are two different types: economic regulation and social regulation.
The contemporary debate over bureaucracy has focused primarily on those agencies that regulate the economy.Regulation is "a process or activity in which government requires or proscribes certain activities or behavior on the part of individuals and institutions-and does so through a continuing administrative process, generally through specially designated regulatory agencies." There are two different types: economic regulation and social regulation.
Learning Objectives
- Familiarize oneself with the concept and importance of bureaucracy.