Hi, I need help with essay on Chapter 11. Paper must be at least 500 words. Please, no plagiarized work!
Overall, their impact on national and global economies has been benign. Irrespective of the cyclical booms and busts of technology driven economies, they tend to improve the standard of living for people.
3. Many people believe that the government should regulate business with respect to privacy online, but companies say self-regulation is more appropriate. Which approach would benefit consumers most? Business?
A self-regulatory approach will be a better option, for it frees online businesses of cumbersome governmental regulation, which would have thwarted technological progress. Moreover, consumers can take care of their own interests, in that they can promote or condemn a particular brand based on the quality and safety it offers. So allowing businesses to self-regulate would be the best option.