Government Regulatory Policies

Government regulatory policies are rules and laws created by governments to control how businesses and organizations operate. These policies are designed to protect public interests, ensure safety, promote fair competition, and prevent harm to the environment. For instance, regulations might limit pollution from factories, set standards for product safety, or govern financial practices to protect consumers. By enforcing these regulations, governments aim to create a balanced economy where businesses can thrive while safeguarding the welfare of society and the environment.