For a long time, numerous business world sectors have raised concerns concerning the regulations that the government imposes. They often regard the regulations as hindrances to business profitability and resource wastage with many enterprises sidestepping, denouncing, and violating government rules since the beginning of the 20 th century with the initial enacting and enforcement of antitrust laws and income tax. Since then, alongside the ever-increasing regulations and sophisticated tax code, corporations in America have flourished and suffered due to activities by the government. The relationship between the government and businesses has at times been adversarial and restrictive, or complementary and collaborative. However, the same rules have prevented enterprises from exploiting consumers (Lesser, 2015) . For the paper, it discusses the ability of the government in regulating the social and economic environments in which organizations operate while focusing on the effectiveness of the regulations in boosting social and economic conditions together with the costs associated with the regulations.
Over the last century, regulations by the government in the U.S. economy have grown tremendously, which have led enterprises to complain of the interventions hindering efficiency and growth. The parties supporting the interventions argue it is crucial to alleviate the devastating effects on unregulated business activities, which range from labor issues to harming the environment. Certain interventions target aiding companies by (among other things) offering advice and loans to enterprises and safeguarding copyrights. In 1990, for instance, the Congress approved the initial antitrust law while it followed with intermittent raises in rates of corporate tax and sophisticated regulations for administrating business activities (Geginat & Saltane, 2014) . The business sector has often rejected regulations, laws, and tax levies, which it believes hinder business activities and profitability. A major argument surrounding over excessive taxation and overregulation revolves around the idea of overall costs toward the society during the long run. For others that claim that imposing regulations is beneficial to certain extents. In search of increased profitability, enterprises have tarnished the environment, violated laws on immigration, abused labor, and defrauded customers among other actions that have resulted to severe implications to the public (Lesser, 2015) . Regulations by the government play an essential role in minimizing such kinds of incidences.
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A major service that the government offers to all companies, which many firms overlook relates to rule of law. For the U.S. Patent and Trademarks Office, it protects innovations of particular services or products from unlawful violation from rivals, hence boosting creativity and innovation. The law punishes trademark and patent violations with heavy fines and civil actions, which carry immense costs when defendants lose. Additionally, the government ensures to take astonishing steps occasionally to safeguard enterprises from severe economic situations. For instance, numerous economists agree that the economic stimulus, which President Barack Obama enacted and the Troubled Asset Relief Program by President George W. Bush played a critical role in ensuring that the Great Depression would not reoccur. However, some claim that the government should have refrained from intervening with while permitting free markets to correct business failures (Lesser, 2015) . In this sense, irrespective of any argument related to influence of government interventions, the corporate environment would appear different presently in the event that the programs did not support the financial system.
In conclusion, the government can serve as a friend to enterprises by offering them with advisory, financial, as well as other services. It can also support the public by developing and enforcing implementation of programs for supporting safety of workers, protect consumers, and other laws. It will not be possible to resolve the conflict entirely since battles will always prevail between the welfare goals of the public and the profit goals of enterprises. With the advancements prevalent in the technological sector, the dual nature of the relationship between enterprises and the government might grow increasingly collaborative and regulatory simultaneously. In this perspective, therefore, it is evident that the government benefits both consumers and enterprises from economic and social standpoints.
References
Geginat, C., & Saltane, V. (2014). Transparent government and business regulation: "Open for business?". Washington, DC: World Bank.
Lesser, W. (2015). American business regulation: Understand, survive and thrive. New York: Routledge.
