Regulatory Capture Occurs When Government Exerts Excessive Control Over an Industry

question 71

True/False

Regulatory capture occurs when government exerts excessive control over an industry.

---

Definitions:

Traditions

Cultural, family, or organizational practices and beliefs that are passed down through generations.

Judging

The process of forming opinions or conclusions about people, situations, or ideas based on available information and personal criteria.

Surface Language

The literal or overt meaning of language, as opposed to underlying or implicit meanings.

Facial Expressions

Visible expressions on a person’s face that convey emotional states, intentions, or reactions.