
Regulatory Policies
Regulatory policies are rules and guidelines established by governments or organizations to manage activities within various sectors, like health, finance, or the environment. They aim to protect public interests, ensure safety, promote fairness, and prevent harmful practices. For instance, regulations may dictate how businesses operate, set safety standards for products, or establish environmental protections. By enforcing these policies, authorities help maintain order, prevent abuse, and encourage responsible behavior among individuals and companies. Essentially, regulatory policies are important for ensuring a balanced and safe environment for everyone.