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Those in the business community who decry government regulation claim that it increases the costs of doing business and reduces beneficial competition, ultimately harming both business and the community as a whole. They point to industries such as trucking, airlines, and telecommunications, in which deregulation has apparently brought greater economic efficiency. These commentators ignore the industries, such as financial services, in which government regulation is essential; indeed, without government intervention in the 1930s, some whole segments of that industry might have permanently collapsed.
The author’s point is made primarily by
  • a)
    offering a counter-example to rebut his opponents’ argument
  • b)
    calling into question the motives of his opponents
  • c)
    pointing out an inconsistency in his opponents’ use of terms
  • d)
    drawing a distinction between valid and invalid methods of argument
  • e)
    underscoring the subjectivity of his opponents’ basic assumptions
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Those in the business community who decry government regulation claim ...
This item asks you to describe the logical structure of the argument. The author cites the position of those who oppose government regulations and mentions some of the reasons they give for their position. Then the author introduces an example in which regulation was essential and successful. (A) best describes this tack.
As for (B), when you attack the motives of an opponent, as opposed to the argument of the opponent, you make what is called an ad hominem attack, but the speaker here doesn’t make such an attack. As for (C), though the author does attack the position he cites, he does so by counter-example, not by pointing to any contradiction. As for (D), the author never raises the issue of what constitutes a proper mode of argumentation. Without any such theoretical justification, he simply launches his attack by counterexample. Finally, as for (E), the author never suggests that any of the terms of judgments involved are based on anything but objective, economic facts.
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Those in the business community who decry government regulation claim ...
Counter-example to Rebut Opponents' Argument

The author's primary point is made by offering a counter-example to rebut his opponents' argument. By pointing out industries such as trucking, airlines, and telecommunications, where deregulation has seemingly brought greater economic efficiency, the author is highlighting that there are indeed cases where government regulation may impede progress. However, the author goes on to mention industries like financial services, where government intervention in the form of regulation is essential for stability and protection.

Importance of Government Regulation in Financial Services

The author underscores the crucial role of government regulation in the financial services industry, citing the example of government intervention in the 1930s that prevented some segments of the industry from collapsing permanently. This highlights the necessity of regulatory measures to ensure the integrity and stability of sectors that are vital to the economy.

Ignoring Essential Regulatory Measures

The author also criticizes those in the business community who decry government regulation, pointing out that they often overlook the industries where regulation is essential for the well-being of both businesses and the community as a whole. By drawing attention to this oversight, the author challenges the blanket dismissal of government intervention in all industries.

In conclusion, the author effectively makes his point by offering a nuanced perspective that acknowledges the benefits of deregulation in some sectors while emphasizing the critical need for government regulation in others. This approach highlights the complexity of the issue and calls for a more balanced consideration of the role of regulation in fostering economic growth and stability.
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Those in the business community who decry government regulation claim that it increases the costs of doing business and reduces beneficial competition, ultimately harming both business and the community as a whole. They point to industries such as trucking, airlines, and telecommunications, in which deregulation has apparently brought greater economic efficiency. These commentators ignore the industries, such as financial services, in which government regulation is essential; indeed, without government intervention in the 1930s, some whole segments of that industry might have permanently collapsed.The author’s point is made primarily bya) offering a counter-example to rebut his opponents’ argumentb) calling into question the motives of his opponentsc) pointing out an inconsistency in his opponents’ use of termsd) drawing a distinction between valid and invalid methods of argumente) underscoring the subjectivity of his opponents’ basic assumptionsCorrect answer is option 'A'. Can you explain this answer?
Question Description
Those in the business community who decry government regulation claim that it increases the costs of doing business and reduces beneficial competition, ultimately harming both business and the community as a whole. They point to industries such as trucking, airlines, and telecommunications, in which deregulation has apparently brought greater economic efficiency. These commentators ignore the industries, such as financial services, in which government regulation is essential; indeed, without government intervention in the 1930s, some whole segments of that industry might have permanently collapsed.The author’s point is made primarily bya) offering a counter-example to rebut his opponents’ argumentb) calling into question the motives of his opponentsc) pointing out an inconsistency in his opponents’ use of termsd) drawing a distinction between valid and invalid methods of argumente) underscoring the subjectivity of his opponents’ basic assumptionsCorrect answer is option 'A'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Those in the business community who decry government regulation claim that it increases the costs of doing business and reduces beneficial competition, ultimately harming both business and the community as a whole. They point to industries such as trucking, airlines, and telecommunications, in which deregulation has apparently brought greater economic efficiency. These commentators ignore the industries, such as financial services, in which government regulation is essential; indeed, without government intervention in the 1930s, some whole segments of that industry might have permanently collapsed.The author’s point is made primarily bya) offering a counter-example to rebut his opponents’ argumentb) calling into question the motives of his opponentsc) pointing out an inconsistency in his opponents’ use of termsd) drawing a distinction between valid and invalid methods of argumente) underscoring the subjectivity of his opponents’ basic assumptionsCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Those in the business community who decry government regulation claim that it increases the costs of doing business and reduces beneficial competition, ultimately harming both business and the community as a whole. They point to industries such as trucking, airlines, and telecommunications, in which deregulation has apparently brought greater economic efficiency. These commentators ignore the industries, such as financial services, in which government regulation is essential; indeed, without government intervention in the 1930s, some whole segments of that industry might have permanently collapsed.The author’s point is made primarily bya) offering a counter-example to rebut his opponents’ argumentb) calling into question the motives of his opponentsc) pointing out an inconsistency in his opponents’ use of termsd) drawing a distinction between valid and invalid methods of argumente) underscoring the subjectivity of his opponents’ basic assumptionsCorrect answer is option 'A'. Can you explain this answer?.
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They point to industries such as trucking, airlines, and telecommunications, in which deregulation has apparently brought greater economic efficiency. These commentators ignore the industries, such as financial services, in which government regulation is essential; indeed, without government intervention in the 1930s, some whole segments of that industry might have permanently collapsed.The author’s point is made primarily bya) offering a counter-example to rebut his opponents’ argumentb) calling into question the motives of his opponentsc) pointing out an inconsistency in his opponents’ use of termsd) drawing a distinction between valid and invalid methods of argumente) underscoring the subjectivity of his opponents’ basic assumptionsCorrect answer is option 'A'. 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These commentators ignore the industries, such as financial services, in which government regulation is essential; indeed, without government intervention in the 1930s, some whole segments of that industry might have permanently collapsed.The author’s point is made primarily bya) offering a counter-example to rebut his opponents’ argumentb) calling into question the motives of his opponentsc) pointing out an inconsistency in his opponents’ use of termsd) drawing a distinction between valid and invalid methods of argumente) underscoring the subjectivity of his opponents’ basic assumptionsCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Those in the business community who decry government regulation claim that it increases the costs of doing business and reduces beneficial competition, ultimately harming both business and the community as a whole. 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These commentators ignore the industries, such as financial services, in which government regulation is essential; indeed, without government intervention in the 1930s, some whole segments of that industry might have permanently collapsed.The author’s point is made primarily bya) offering a counter-example to rebut his opponents’ argumentb) calling into question the motives of his opponentsc) pointing out an inconsistency in his opponents’ use of termsd) drawing a distinction between valid and invalid methods of argumente) underscoring the subjectivity of his opponents’ basic assumptionsCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CLAT tests.
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