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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 3 / 797 | 
                
    
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Power is delegated to administrative agencies. This power is considerable in relation to business. These agencies came to be out of necessity to deal with âsocial and economic problems created by the industrialization of the United States that began late in the 19th centuryâ (Mallor 2007). Legislatures did not have the time or expertise to deal with these social and economic problems...
        
        
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Legislatures did not have the time or expertise to deal with these social and economic problems. Administrative agencies make two types of law administrative regulations and agency decisions.
Treaties are a type of law made by the president and two-thirds of the Senate. These are agreements with foreign governments...
        
        
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