Small business regulation

[EEL123]

Name of the Law/Policy: Small business regulation
Law/Policy Catagory: Economics

Options:
1. Small businesses are not treated differently to larger businesses.
2. Small businesses are assisted by the government through tax and regulation exemptions.
3. Small businesses are assisted by the government through direct subsidies as well as regulation exemptions.

Effects:
1. No effect.
2. Small increase in gov't responsibilites, small decrease in regulation
3. Increase in gov't responsibilties, increase in regulation

Comments:
Effect 2 may seem bizarre, but by intervening in the marketplace to encourage a certain type of business, the government is increasingly its responsibilties. However, it is doing so by reducing regulation and taxation.