What Are Government Regulation And Why We Need It? Essay Samples

What Are Government Regulation And Why We Need It? Essay SamplesWhat are government regulation and why we need it? The question of why we need government regulation should be asked and answered in as many ways as possible because we're all familiar with it already. So, if you don't know or understand the reason why it's needed, here are some interesting ways to answer that question.Government regulation has two important purposes: It's to provide a level playing field by which a single business can not dominate another, and it's to protect the rights of the people. In other words, there's a good reason for government regulation. However, this doesn't mean that we all agree with it.Why do we need government regulation? If you take a look at the current economic problems, you will realize that people have gotten greedy. In other words, they've started competing among themselves rather than working together. It used to be that if you needed an item from a supplier, you would go ask him or her and get a price from them.This means that you could negotiate prices while at the same time making sure that you're getting the best deal possible for the item. But now, the whole thing has changed. What you've got is a system where you want everything to be just right. And that's where the 'theft' has happened.So now, a new set of rules have been established and put into place in the whole system, and because the rules are in place, there's a lot of greed to go around. Basically, the system no longer works for the common man anymore. That's why the government is now responsible for ensuring that everyone is getting what they deserve and all are equal. And that's the goal.For example, suppose that your product or service is not working properly, is not really worth it and is not reliable enough to give you the benefits you deserve. You've tried to get compensation from the company, but they're not paying you at all. You can even file a case against them, but what about your r ights to determine the price of the product or service and the other issues? Isn't it better that you determine this from scratch and make sure that you're getting your full share of the benefits from it?Sure, it's easy to get upset when your product or service isn't worth the money you paid for it, but do you really think that you're going to get that from the company? In fact, is it better for you to pay for the product you want and get the benefits from it, or to pay for it and get nothing from it? These are important questions that should be asked and answered, and if you're not getting those answers from the companies that you purchase from, there should be a reason why.