Pros and Cons of Government Safety Regulations Essay

Pros and Cons of Government Safety Regulations - Essay ExampleGovernments set strict rules for companies that run businesses involving the emission of cyanogenic chemicals that may cause pollution or pose threats to humans and natural resources. An example is the regulations and standards set by EPA (2015) on carbon emissions. Regulations that limit the levels of wastes or emission serve to protect people from infections or depletion of different ecosystems. Second, safety regulations in business go limit the movement of goods in the market to prevent contingent harm to consumers. Safety regulations serve to ensure uncertified products do not get to the market. In the wellness sector, safety regulations ensure only qualified practitioners provide services. Furthermore, safety regulations ensure that medications supplied to consumers are in the take up conditions to attend to the condition. In essence, safety regulations serve the interest of consumers. Although they are essentia l, safety regulations also have alter challenges. Among the notable disadvantages is the interference with the optimization of goods. Safety regulations are disadvantageous because they cause high prices of goods. The supply of goods and services is highly likely to be subject to interference under safety regulations. There are feasible cases of shortages of goods and services that are subject to government safety regulations. That, consequently, causes an increase in the price of goods and services.