asked 96.0k views
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Which of the following is a possible consequence of unregulated business?

1) low crop prices
2) widespread unemployment
3) a decline in home ownership
4) a concern about unregulated business

1 Answer

2 votes

Final answer:

Possible consequences of unregulated business include widespread unemployment, a decline in home ownership, and concerns about negative societal impacts.

Step-by-step explanation:

A possible consequence of unregulated business is widespread unemployment. When businesses are not regulated, they may engage in practices that lead to job losses, such as layoffs and outsourcing. In addition, unregulated businesses may prioritize profit over workers' rights, leading to poor working conditions and low wages.

Another possible consequence is a decline in home ownership. Unregulated businesses may engage in predatory lending practices, making it difficult for individuals to obtain affordable home loans. This can result in a decrease in home ownership rates.

A concern about unregulated business can arise due to the potential negative impacts it can have on society. Without regulations, businesses may exploit resources unsustainably, cause environmental damage, and engage in unethical practices.

answered
User Omid Ariyan
by
8.2k points
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