From: Upstream.com
@mnkeitz/week-07-questions-the-seen-the-unseen-and-the-unrealized
@mnkeitz asked If you were to agree with the regulation of something in our economy today, what would it be? Why would you choose this?
Vehicles, Vehicles are DANGEROUS. They are made up of thousands of moving parts and systems, not to mention that most cars are moved by a combustion engine. Even electric cars and hydrogen cars have volatile chemicals that fuel them. The point of the matter is, vehicles can be prone to error. Whether that be planes or cars. So, some rules need to be in place to protect the consumer from danger or at the very least make the consumer aware of the danger. Because, any company and anyone for that matter, can make and sell a car. Even Sony has a car in the works, and even I, could technically "make" a car. However, does the consumer know the risks of buying the sony car or my redneck car? Not only that, but are others on the road safe around these cars. Not everyone on the road can read a list of risks that come with a certain model of car or road vehicle. So in order to better control the buying and selling of safe vehicles, the government must devise a universal rule for certain types of vehicles so the vehicle economy can be managed and safe for the consumer. Take for instance the McClaren Speedtail, one of the fasted commercial cars in the world, but because of its speed, cannot be sold in the U.S.
From MotorAuthority.com
However, restrictions on who can buy a vehicle are also important. If a person would endanger themselves while driving a vehicle, then the market must be closed for them, for their safety and the safety of others and the road and the pedestrians. The aim for governmental regulation of cars is not for control, but for safety. People should know what they are buying and what a product can lead to. We are taught that in an economic exchange both parties actually benefit. These regulations can help ensure no foul play or injury occurs.