Final answer:
The basic regulation of the housing and construction industries is accomplished by the state housing act, local building codes, and the state contractors' license law. The option (4) is correct.
Step-by-step explanation:
Basic regulation of the housing and construction industries is accomplished by:
- State Housing Act: The State Housing Act is a set of laws and regulations that govern the construction, maintenance, and safety standards of housing. It establishes requirements for building permits, inspections, and occupancy permits.
- Local building codes: Local building codes are regulations that specify the standards and requirements for constructing, renovating, and maintaining buildings within a specific jurisdiction. These codes cover areas such as structural design, fire safety, and accessibility.
- State contractors license law: The state contractors license law requires construction contractors to obtain a license to operate legally. This law sets standards for contractor qualifications, insurance, and bonding.
Therefore, all of the above options are involved in the basic regulation of the housing and construction industries. Therefore, option (4) is correct.