Question

In: Economics

what are three basic types of public policy

what are three basic types of public policy

Solutions

Expert Solution

Majority of governments across the world divide public policy into three main types, which are distribution, regulation, and redistribution.

A major goal of regulatory policy is to maintain order and prohibit behaviors that endanger society. Government accomplishes this goal by restricting citizens, groups, or corporations from engaging in those actions that negatively affect the political and social order. Examples include attempts to administer voting procedures, provide traffic ordinances, and prohibit people from using certain drugs. Another goal of regulatory policy is to protect economic activities and business markets by prohibiting industry from practicing activities detrimental to the free market, such as the creation of monopolies.

Distributive policy refers to the provision of benefits to citizens, groups, or corporations. Governments also use distributive policy to encourage certain activities.

Redistributive policy. A policy requirement whereby the government reallocates the wealth from one group in society to another group. It involves the direct provision of benefits to citizens through social programs such as welfare.


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