👉 The term "regulation" is often used to describe the system of laws and regulations that govern human behavior, including businesses, organizations, and individuals. These rules are designed to ensure that people follow certain guidelines and avoid certain actions or behaviors. In the context of government, regulation refers to the creation, implementation, enforcement, and monitoring of laws and regulations aimed at maintaining order, protecting public health and safety, promoting economic stability, and ensuring social justice. The goal of regulation is often to promote efficiency
