Some of the arguments for the regulation of businesses by the government are that regulations can cause businesses to fail and result in higher prices for consumers and that bureaucracy discourages entrepreneurs.
However, some people may argue that the pros to the government regulating businesses are highly beneficial by protecting citizens, ensuring safety of workers, and guarding consumers against corporate fraud.
The government regulating businesses through a capitalist system also fights against free trade. Which I agree with a lot of the pros of free trade. But then again the cons to free trade could really impact the U.S. negatively by causing a loss of American manufacturing jobs and possibly causing a trade deficit allowing another
However, some people may argue that the pros to the government regulating businesses are highly beneficial by protecting citizens, ensuring safety of workers, and guarding consumers against corporate fraud.
The government regulating businesses through a capitalist system also fights against free trade. Which I agree with a lot of the pros of free trade. But then again the cons to free trade could really impact the U.S. negatively by causing a loss of American manufacturing jobs and possibly causing a trade deficit allowing another