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27 November, 15:33

Do businesses welcome or oppose government intervention? why?

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  1. 27 November, 19:08
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    Oppose. Generally Government intervention causes the product productivity curve to shift left. This is due to the fact that regulating businesses restricts their ability to use more cost effective methods for production. (However, complete deregulation of business can result in mass environmental damage and can be a contributing factor for the bursting of an economy I. E the Great Depression in the 1920s was due to a lack of regulation.)
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