One Primary Reason Why Regulatory Capture May Occur in an Industry

question 113

Multiple Choice

One primary reason why regulatory capture may occur in an industry is that

• A)the government designates unelected officials to head the various regulatory agencies of different industries.
• B)there is a lot of bribery and corruption going on in all major industries that the government seeks to regulate.
• C)the industry's leaders are the ones who pushed for the government to impose supervision and regulation over their industry.
• D)people who are qualified to supervise and regulate the industry often come from the industry itself.

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Definitions:

Rapid Breathing

Breathing at an abnormally fast rate, which can be a symptom of various medical conditions or distress.

Degrees Celsius

A scale and unit of measurement for temperature where water freezes at 0 degrees and boils at 100 degrees under standard conditions.

Fahrenheit

One of two common scales used for measuring temperature; measured in degrees Fahrenheit, or °F.

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The pulse felt at the tip of the heart, often assessed by listening over the apex of the heart with a stethoscope.