Question

What are the purposes of financial regulations? Choose three answers.

to make business competitive
to enforce government intervention
to limit and prevent monopolies
to allow businesses to collaborate
to ensure only one business can operate
to place regulations on prices

Answer 1

Answers:
- to make business competitive
- to limit and prevent monopolies
- to place regulations on prices

Brief reasons: financial regulations promote fair competition, prevent/limit monopolistic and anti‑competitive behavior, and can include controls on pricing (fees, interest caps, regulated utility rates) to protect consumers and market stability.