Does Everyone in America Own a Car? I t is true that 95 percent of American households own a car, and most Americans get to work by car (85 percent). It wasnât always this way, nor is it likely to stay this way.
Government regulates business for several reasons. First is public safety and welfare. Many industries are regularly reviewed and overseen because their activities, if they â¦ go awry, can have significantly harmful effects to human health, financial well-being, or community structure.
The government has also regulated ownership of media outlets to ensure that no one broadcaster monopolizes the market. Since the 1980s, however, the government has loosened restrictions on media ownership, and Congress passed the Telecommunications Act in 1996 to allow companies to own even more media outlets.