Sentences with phrase «economic functions regulated»

Not exact matches

Partly it has been a function of imitation, beginning in the nineteenth century with Bismarck's social welfare programs in Germany, and partly it has been prompted by international economic competition, again starting in the nineteenth century, with national governments playing an increasing role in regulating and promoting all forms of economic activity.

They regulate the risks of natural hazards and climate change, offer cultural and spiritual values to our society, and support key ecological functions such as nutrient and water cycling, filtering and buffering, and are central to economic vitality.