Final answer:
Government agencies and organizations are responsible for supervising and regulating high-risk activities to ensure safety and well-being.
Step-by-step explanation:
The supervision and regulation of high-risk activities falls under the function of government agencies and organizations. These entities are responsible for ensuring the safety and well-being of employees, consumers, and the general public. For example, OSHA (Occupational Safety and Health Administration) investigates accidents at the workplace and enforces regulations to protect employees at work. The FDA (Food and Drug Administration) develops standards of safety for consumer goods, while other agencies regulate the use of nuclear materials, energy transmission, securities sales, and more.