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US Legal System and Regulatory Burdens

First of all, we need to consider and discuss the fact that the US legal system has consistently worked towards reducing "regulatory burdens", that is different regulations that tend to make the entire business process longer, more cumbersome and costly. In this sense, we may mention, among the measures that the government has put forth, ensuring that "the overall regulatory framework is as limited or streamlined as possible without comprising public objectives"1 and an effic


ient and transparent set of regulations that can be available for everybody interested in starting a business2. It is obvious, in this sense, that the US legal system has efficiently minimized difficulties related to regulations needed when starting a business, including here documents, legal work, reducing overall time and cost spent.

Finally, the US legal system encourages individual entrepreneurship. This is an undeniable fact and is legally realized by facilities for c

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, legal system, steel industry,
Approximate Word count = 321
Approximate Pages = 1 (250 words per page double spaced)


  

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