asked 118k views
2 votes
Is occupational licensure consistent with the basic principles and values of capitalism?

asked
User Maggu
by
7.9k points

1 Answer

4 votes
No, it doesn't.
Occupational licensure is the government regulation that require individuals to pass several test and obtain a liscense before doing certain practices.
This is the oppostion of basic principle of capitalism that would let the free market decide and let individuals opened up whatever businesses they can.
answered
User Jebeaudet
by
8.0k points
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