Which of the following is an argument in favor of government regulation?

Question

It protects workers from unsafe working environments.

It is costly to implement and thereby cuts into profits.

It results in bigger government, which raises government spending.

It stifles competition and results in higher prices for products.

Answer 1

The argument in favor of government regulation from the options provided is:

It protects workers from unsafe working environments.

This statement highlights the benefit of government regulation in ensuring safety standards and protecting the health and well-being of workers, which is a key justification for such regulations.