The Securities and Exchange Commission and the Federal Aviation Administration are examples of agencies engaged in

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission and the Federal Aviation Administration are both examples of regulatory agencies that are engaged in the regulation of nonmonopolistic industries. The SEC is responsible for ensuring that companies are truthful in their financial reporting, while the FAA regulates the aviation industry to ensure safety and efficiency. These agencies are not necessarily focused on regulating natural monopolies, social regulation, or health and safety regulation.