one government restriction to consider when proposing to build a new business includes —

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14-12-2022
Social Studies

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one government restriction to consider when proposing to build a new business includes —

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AshishChouhan AshishChouhan · Answer 1 · 2022-12-17T10:02:28+01:00

One government restriction to consider when proposing to build a new business includes Zoning Law.

In The Economics of Zoning Laws, the economic theories of property rights and public choice are developed and applied to three zoning controversies: the location of a large industrial plant, the exclusionary zoning of the suburbs, and the constitutional protection of property owners from excessive regulation.

Zoning regulations are neither disinterested attempts to fix market failure nor irrational constraints on otherwise effective markets. Instead, zoning needs to be seen as a type of collective property right that is held by local governments and managed by elected officials who respond logically to the needs of their people and developers when markets for development rights emerge.

The Economics of Zoning Laws elaborates on the economic theories of property rights and public choice and applies them to three zoning disputes.

To learn more about Zoning law from given link

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