The "regulatory ratchet" refers to
A) the harsh quality of regulation
B) regulatory red tape
C)the additive character of regulation
D)the inevitable conflicts among regulations

Question

Quizplus · Accepted Answer

The "regulatory ratchet" refers to the tendency for regulations to accumulate over time, becoming increasingly complex and extensive, without a corresponding removal of outdated or unnecessary regulations. This additive character means that once a regulation is added, it is very difficult to remove, leading to a continuous build-up.

The "Regulatory Ratchet" Refers to