Week 03 Questions
**Topic: The Role of Government Regulation in Society **
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Could someone present a case against government agencies in the United States that were formed in order to promote safety of the people, the protection of the environment, and ensure the quality of consumer product? (Food and Drug Administration, Environmental Protection Agency, consumer protection measures, etc.)
Is there an ideal balance to be struck between regulation from the government and natural market forces in order to keep individuals safe without stifling economic growth and innovation? Do you think this is possible to achieve or only theoretical in thought?
What subset of the economy, product development, or trade is possible without implemented standards to ensure quality, ethics, and safety?
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