The government has enacted laws that promote both fair trade and competition by prohibiting the formation of monopolies or alliances that would damage a competitive marketplace, fostering fair pricing practices for all suppliers and consumers. These actions are part of the environment of business.

Political / Regulatory

Explanation:

The political or regulatory environment of business comprises of different stakeholders which includes the government organization, political parties, legislation and laws. It is an environment which deals with activities of these stakeholders and factors affecting the administration of public affairs and business activities of different organizations.

Also, the regulatory environment deals with the activities or laws and legislation that have direct and indirect impacts on business operations. Such as:

1. Regulations on unfair business practices so as to create fair competition.

2. Protection of consumers from unfair business practices.

3. Ensure the society interest in business operations are not overridden by greed capitalist.

a charter of rights that the rebellion made for king john to approve for basic rights.

apart from being against desegregation, governor of georgia eugene talmadge opposed as well to the work progress administration, an ambitious program of the "new deal" created by president franklin d. roosevelt to overcome the great depression after world war i. talmadge disagreed with welfare spending, job training and organized labor. according to his ideas, he thought the government was spending too much money on this, and he wasn't willing to accept a wage higher than georgia's lower average wage. besides, talmadge strongly opposed to the "new deal" as he thought it had communist ideas.