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Why must the government consider companies’ needs as well as those of workers?
Workers often take advantage of safety and wage laws and regulations.
Company owners can easily vote government officials out of office.
Employers deserve the same benefits and protections as employees do.
Regulations can be costly and may drive companies out of business.
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Regulations can be costly and may drive companies out of business.
Reason: government policies that ignore firms’ costs can reduce competitiveness, cause closures and job losses, and harm the broader economy, so policymakers must balance worker protections with firms’ viability.
Reason: government policies that ignore firms’ costs can reduce competitiveness, cause closures and job losses, and harm the broader economy, so policymakers must balance worker protections with firms’ viability.
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