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Which strategy is better for ensuring sustainability: Government Regulation or Market Self-Regulation? Give example.

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Economics

Which strategy is better for ensuring sustainability:Government Regulation or Market Self-Regulation? Giveexample.

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in achieving sustainabilitylockin or path dependency caused by the failure of firms to envision design and implement policies that would simultaneously achieve social environmental and economic goals Policy interventions are needed to increase not only capacity but also willingness opportunity and motivation on the part of incumbents and new entrants to change the present industrial state into a more sustainable one Structural interventions at all levels of governance are needed to foster breakthrough technological innovations These structural interventions should integrate environmental health and safety decisionmaking with    See Answer
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