Final answer:
The government cannot outlaw everything that businesses could do wrong. Instead, it focuses on implementing regulations and laws that address specific areas of concern. Regulation can stay ahead of rogue businesses by constantly monitoring and updating regulations based on emerging trends and technologies.
Step-by-step explanation:
It is not possible for the government to outlaw everything that businesses could do wrong because the laws would need to be constantly updated to keep up with new tactics and strategies used by rogue businesses. Additionally, outlawing everything would stifle innovation and hinder economic growth. Instead, the government focuses on implementing regulations and laws that address specific areas of concern and protect consumers and the public interest.
Regulation can stay ahead of rogue businesses by constantly monitoring and updating regulations based on emerging trends and technologies. The government can also strengthen enforcement mechanisms, increase penalties for non-compliance, and enhance cooperation and information sharing among regulatory agencies. It is a constant effort to strike a balance between regulating businesses and fostering a competitive, innovative, and sustainable economy.