Which explains how regulatory agencies compare with cabinet agencies such as the Departments of Commerce and the Treasury?

A) Regulatory agencies promote business and economic growth, while cabinet agencies set rules for businesses and enforce them.

B) Regulatory agencies set rules for businesses and enforce them, while cabinet agencies promote business and economic growth.

C) Regulatory agencies make recommendations for business penalties, while cabinet agencies enforce them and issue penalties.

D) Regulatory agencies make recommendations for business rules, while cabinet agencies enforce them and issue penalties.

Note: It's not D

Question

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Social Studies

13 October, 00:48

Which explains how regulatory agencies compare with cabinet agencies such as the Departments of Commerce and the Treasury?

A) Regulatory agencies promote business and economic growth, while cabinet agencies set rules for businesses and enforce them.

B) Regulatory agencies set rules for businesses and enforce them, while cabinet agencies promote business and economic growth.

C) Regulatory agencies make recommendations for business penalties, while cabinet agencies enforce them and issue penalties.

D) Regulatory agencies make recommendations for business rules, while cabinet agencies enforce them and issue penalties.

Note: It's not D

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Answers (2)

Know the Answer?

Maliyah Humphrey · Answer 1

The second alternative is correct (B).

Regulatory agencies are public administration bodies responsible for creating guidelines and rules that companies must adhere to. This exists to ensure competition, to protect the rights of the consumer and to ensure the quality of the goods and services offered by the firms.

On the other hand, the office agencies have a role to promote economic and business development. This exists for companies to have government support to develop and to promote economic development as a whole.

Rishi Eaton · Answer 2

B. Regulatory agencies set rules for businesses and enforce them, while cabinet agencies promote business and economic growth

Explanation:

100% on edge