首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Economics According to the professor, what is the function of social regulation?
Economics According to the professor, what is the function of social regulation?
admin
2012-01-14
73
问题
Economics
According to the professor, what is the function of social regulation?
M1: The large economic unit called the "corporation" has come to define business activity in a modern industrial-service economy. Even a mid-sized corporation employs thousands of people, serves hundreds of thousands of customers, and controls assets and does business amounting to several million dollars. The growing power of corporations has brought increased intervention by the only body with sufficient strength and scope to match corporate power. And what body is this? What has enough power to control the corporation?
W: The government.
M1: Yes. The federal government. The economic role of the government has grown tremendously over the past century, as more and more corporate activities have come under regulation. Why has this happened?
M2: Well, to prevent fraud against stockholders, for one thing. Also, to protect customers from fraud, like false advertising.
W: To protect the workers. For example, laws against child labor ... and unsafe working conditions.
M1: Yes. These are all reasons why we have government regulation of business. Not just in this country, but in most advanced industrial and service economies, governments have taken on an increasing role in economic affairs. Let’s take a minute to review what we talked about last time. What are the methods that governments use to influence economic activities? Elizabeth?
W: Taxes. Taxes encourage or discourage certain kinds of economic activity. Taxes are also a way for the government to get money to spend on programs.
M1: That’s right. So ... OK, there’s taxes and ... what else? Joshua?
M2: Government spending-the government gives business incentives to produce certain goods or services. Also ... uh ... spending could take the form of a tax break, or it could be a direct payment, like a government contract, or a grant or a subsidy.
M1: Yes, that’s right. Governments intervene in economic activity through taxation and spending. A third method, of course, what we’ve just been talking about: regulation. There’s been a tremendous increase in the laws and regulations governing the economic affairs of complex societies like ours. Beginning in the late 1800s, our political leaders rejected the idea that "government governs best which governs least." The government started to use its power to police the economic system. One of the first things the government did was to limit the exercise of monopoly power by regulating railroads and public utilities. After that, the government began regulating utility rates--costs for telephone, electricity, fuel, and so on. Since then, a whole set of industries has come under government regulation: financial markets, the airlines, trucking, barge and water traffic, oil and natural gas pipelines, and so on. Also, in recent decades there’s been a rapid growth of social regulation. What do I mean by social regulation?
W: Uh ... things like ... like laws that require a food package to list all the ingredients?
M1: Yes, that’s a good example. There are a number of laws regulating food and cosmetics. Social regulation also includes the laws that were first passed to protect workers in mines, and then workers in general. Now there are laws that protect all of society--for example, regulations for air and water pollution, and for storage and disposal of hazardous materials like nuclear waste. There are also safety standards for automobiles and consumer products, such as car seats for babies. All of these are forms of social regulation. We’ve come a long way since the days of laissez-faire capitalism, when business ran free and unchecked by government. When the political leaders of the nineteenth century first started proposing
regulation of business, this was considered a radical idea. However, with the passage of time, the radical ideas of that era became the accepted convictions of today. The general public has come to accept-and even expect-these limits on capitalism.
选项
A、The control of social activities in a corporation
B、The protection of the society’s health and safety
C、The restriction of competition among businesses
D、The establishment of the school curriculum
答案
B
解析
According to the professor, what is the function of social regulation?
The professor says There are a number of laws regulating food and cosmetics; ... laws that protect all of society...regulationsfor air and water pollution, and for storage and disposal of hazardous materials like nuclear waste, ...safety standards for automobiles and consumer products...; All of these are forms of social regulation. (2.2)
转载请注明原文地址:https://www.kaotiyun.com/show/BLyO777K
0
托福(TOEFL)
相关试题推荐
DothefollowingstatementsagreewiththeinformationgiveninReadingPassage3?Inboxes35-38onyouranswersheetwriteTRU
WealthinAColdClimateLatitudeiscrucialtoanation’seconomicstrength.ADrWilliamMasterswasreadingabookaboutmosq
Matchinginformationandfeature.OutofAfrica:solarenergyfromSaharaVivienneWaltreportsonhowtheSaharaDesertcouldo
Trytoskimthetextbelowin30secondsanddecidewhichofthefollowingdescribesthemainideaofthetext.AItisimportan
Choosethecorrectletter,A,B,CorD.Writethecorrectletterinboxesonyouranswersheet.Accordingtothepassage,iti
HowdesertsareformedA.Adesertreferstoabarrensectionofland,mainlyinaridandsemi-aridareas,wherethereisal
Theprofessorsaysthatsuperhighways______.【30】
Theprofessorsaysthatsuperhighways______.Theprofessorsuggeststhatinfiveyears’time______.
WhatisthepurposeofJaneandRick’smeetingwiththetutor?
A、collatetheanswers.B、ranktheanswers.C、knowalotabouttheanswers.B
随机试题
被许可人以欺骗、贿赂等不正当手段取得行政许可的,行政机关应当作出的正确处理是()。
有效领导者具有的共同特性,一般有()
刑法的基本原则是指在刑法的立法、解释和运用过程中所必须普遍遵循的具有全局性、根本性的原则。我国现行刑法明文规定的基本原则有
肝细胞生成胆红素的亚细胞部位是:
以大承气汤治腹痛,其功能是取以柴胡疏肝散治腹痛,其功能是取
麻疹早期诊断最有意义的临床表现是
期末结账时,如果企业有一部分客户享受现金折扣,企业的应收账款和销售收入就会因为入账时按总价确认而虚增。()
保证是债务人和债权人约定履行债务或者承担责任的行为。()
三阶行列式的值为()
马克思主义最根本的世界观和方法论是()
最新回复
(
0
)