Most legislation is

Question

Most legislation is

Quizplus · Accepted Answer

Most legislation aims to either define property rights (such as laws governing contracts or patents) or control externalities (such as pollution or public safety). This is because these are areas where the market may not efficiently allocate resources on its own, and government intervention may be necessary to protect individuals or society as a whole. While there may be cases of corrupt political processes or attempts to increase governmental power, these are not the primary motivations behind most legislation.

Most Legislation Is