What are the purposes of financial regulations? Choose three answers.
A. to make business competitive
B. to enforce government intervention
C. to limit and prevent monopolies
D. to allow businesses to collaborate
E. to ensure only one business can operate
F. to place regulations on prices
Answer (2)
The purposes of financial regulations include limiting and preventing monopolies, enforcing government intervention in markets, and placing regulations on prices to protect consumers. These regulations are essential for fostering competition and ensuring market stability. By regulating these areas, governments can help maintain a fair economic environment.
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Financial regulations limit monopolies, enforce government intervention, and regulate prices to maintain a fair marketplace. They help prevent market dominance and protect consumer interests. Through these mechanisms, the economy can achieve stability and competitiveness. ;
