When we speak of government regulation of business we ordinarily mean state government regulation, not federal government intervention.

Question

Quizplus · Accepted Answer

The statement is incorrect as it implies that state government regulation is more prevalent than federal government intervention, which is not necessarily true. In reality, both state and federal governments play a role in regulating businesses, and the extent of their involvement can vary depending on the industry and the specific regulations in place.

When We Speak of Government Regulation of Business We Ordinarily