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Why is the government involved in the regulation of business activity ?  

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BUSINESS STUDIES Why is the government involved in the regulation of business activity ? Governments everywhere is the world play an important part in the economy of their countries. How big the role actually is the government is playing is varying a lot from country to country. In North Korea, the state is the only entrepreneur, everything is dictated by the state/ communist party while people in the USA enjoy a lot more freedom to build up their own business. Which system is the best is a question of interpretation and personal political views, but it is still possible to analyse why governments get involved in business activity. First of all governments get involved for political motives. By that is meant that certain political parties have a strong policies towards the economy and these are expressed in their political plans to get elected. Once elected their promises made before the elections have to...

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