8th Class Social Science Sample Paper Social Science Sample Paper - 1

  • question_answer
    How can laws ensure that markets work in a manner that is fair? Give two reasons to support your answer.                                

    Answer:

    (i) Through enforcing and upholding the laws, the government can control the activities of individuals or private companies, so as to ensure social justice and so that the markets can work in a fair manner
    (ii) For example, the government had made Child Labour Prevention Act, banning children under 14 years of age from working in factories. Anyone found violating this law is penalised with punishment.
    (iii) The government had made laws for minimum wages, which protect the workers, and no private companies, contractors or business person can deny this law. To ensure that no one is violating this law, the government has to regularly inspect worksites. 


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