gulation applies to businesses throughout regulation applies

gulation applies to businesses throughout regulation applies to specific industries, whereas the economy. Governments commonly regulate the prices and quality of services provided by electric, gas, and other utilities, which traditionally have been considered monopolies. Governments also single out various nonmonopolistic industries, such as the financial and transportation industries, for special forms of regulation. Among the common forms of regulation covering all industries are the occupational, health, and safety rules that federal and state governments impose on producers.

Solution

Economic regulation applies to specific industries, whereas social regulation applies to businesses throughout the economy.

Government commonly regulate the prices and quality of services provided by electric, gas and other utilities which traditionally have been considered natural monopolies.

Governments also single out various non-monopolistic industries , such as the financial and transportation industries for special forms of geographic regulation.

Among the common forms of technological regulation covering all industries are the occupational health and safety rules that federal and state governments impose on producers.