"Positive regulation" is best understood as:

Question

Quizplus · Accepted Answer

Positive regulation refers to government intervention in the market to promote certain objectives such as consumer protection, environmental sustainability, or social welfare. It involves the creation and enforcement of rules and standards designed to prevent market failures and ensure that businesses operate in a socially responsible and sustainable manner. Positive regulation is typically contrasted with negative regulation, which aims to minimize government intervention in the market and promote laissez-faire policies. Therefore, the best choice is D, which indicates that positive regulation enables government interference in markets.

"Positive Regulation" Is Best Understood As