Question

Which element of the political environment reflects the degree to which government regulates economic activities?

विकल्प

• Government intervention in business

• Foreign relations and policies

• Politicisation of business issues

• Nature of political leadership

Answer 1

Government intervention in business is an element that reflects how much the government regulates, controls, or participates in economic activities, ranging from minimal intervention in laissez-faire economies to extensive control in regulated economies.