What is the difference between social regulation and economic regulation?

Respond to the following in a minimum of 175 words or more: 

Using what we learned this week from our readings, respond to the following in a minimum of 175 words:

  • What is the difference between social regulation and economic regulation?
  • How much regulation is too much regulation?
  • How much is too little?
  • In your opinion, are there areas of government in which more regulation or less regulation is necessary?

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