Question 93

Given below are two statements :

Statement I :
People's attitudes have changed over the years leading to involvement of State (Government) in businesses globally.

Statement II :
Increasing technicality is leading to State (Government) to make interventions in businesses globally.
In the light of the above statements, choose the most appropriate answer from the options given below :

Solution

Statement I: "People's attitudes have changed over the years leading to involvement of State (Government) in businesses globally."

This statement is misleading because while people’s attitudes have indeed evolved, the increased involvement of the state in business globally is more driven by economic, social, and political factors rather than just changes in people's attitudes.

    Statement II: "Increasing technicality is leading to State (Government) to make interventions in businesses globally."

    This statement is also incorrect in its phrasing. While increasing technical complexity in industries may be necessary for certain government interventions (like regulations for safety, intellectual property, etc.), the statement makes it sound as though the main driver of state intervention is the technical complexity itself, which is not entirely accurate.


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