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Explain four methods used by the government to regulate business activities .

Explain four methods used by the government to regulate business activities .

Answers


Isaac
Licensing:Gives the business people authority/permission to carry out business activities legally
Fixing quotes :quantitative restrictions on goods that should be produced,consumed or imported at any given time
Imposing total bans -prohibition / abolishing or stopping certain activities in the country
setting of standards;quality and security standards for goods to be sold or consumed in the country
isaacmuthini answered the question on October 11, 2017 at 11:40

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