IMPACT OF STATE REGULATION ON ECONOMIC GROWTH
Keywords:
state regulation, economic growth, competition, monopolies, innovation, regulation, competition in the marketAbstract
This article examines how the state impacts economic growth through aspects such as the role of regulating economic activities, increasing competition in the market, promoting innovation, protecting consumers, and ensuring environmental safety. It is also thought that regulation can be over-or mis-implemented, reduce economic efficiency, and limit innovation. The article explores the pros and cons of state regulation, emphasizing the importance of a balanced regulation approach to economic growth.
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