Question

The U.S. government has a great deal of influence on private companies through the laws it passes and the regulations enforced by government agencies. Through taxes, regulations on wages, guidelines to protect worker safety and the environment, and financial rules for banks and investment firms, the government exerts a certain amount of control over how all companies do business in an attempt to reduce

A) Market competition
B) Economic inequality
C) Corporate power
D) Government intervention

Answer 1

The U.S. government has a great deal of influence on private companies through laws and regulations. It aims to reduce corporate power through various measures to ensure fair business practices and healthy competition.

Step-by-step explanation:

The U.S. government has a great deal of influence on private companies through the laws it passes and the regulations enforced by government agencies. Through taxes, regulations on wages, guidelines to protect worker safety and the environment, and financial rules for banks and investment firms, the government exerts a certain amount of control over how all companies do business.

One of the main goals of the government's influence is to reduce Corporate power and ensure fair business practices. By implementing regulations and guidelines, the government aims to prevent companies from gaining excessive power and dominating the market. This helps to maintain healthy competition and prevent monopolies from forming.