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16/06/2021 1:28 pm
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How can laws ensure that markets work in a manner that is fair? Give two examples to support your answer.
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16/06/2021 1:29 pm
Law can ensure that markets work in a manner that is fair by ensuring the enforcement of the law in letter and spirit.
- Law against hoarding and black marketing must be enforced in such a way that stringent punishment is given to the violators of the law and the hoarded goods must be forfeited.
- Anti Child Labour Act must be enforced, not a single child must be allowed to work in shops, tea stalls, and restaurants.