6
QuizMultiple Choice

Regulatory Policy — Quiz

Question 6 • Economics

Which explains why government regulation is necessary in a mixed-market economy?

Answer
A
Government regulation protects property rights, safety, and business owners.
B
Government regulation protects constitutional rights, profits, and fairness.
C
Government regulation protects constitutional rights, safety, and fairness.
D
Government regulation protects property rights, safety, and profits.

Explanation

A mixed-market economy combines private business activity with government oversight. Regulation helps protect people’s safety, uphold their constitutional rights, and promote fairness in the marketplace. Protecting business profits is not a general purpose of regulation, so choices B and D are not the best answer.

AI-written and checked against the verified answer.

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