ABSTRACT
This chapter begins by reviewing basic economic and legal principles that have been used effectively by governments in supporting the marketplace in regard to traditional economic resources such as land, labor and capital. Many of the United Nations Sustainable Development Goals are likely to be achieved most efficiently and effectively under legal and policy frameworks possessing certain basic legal and policy principles and frameworks. Government intervenes with new laws often only when technology and changed societal conditions have advanced to the point where problems and inequities have become clearly evident through the process of litigation in the courts. One policy area that has been particularly problematic for many nations has been with government agencies competing with private businesses in the marketplace. Foundational principles at the highest level may need to be adapted to current and emerging circumstances due to the vastly changed global landscape brought about by information technologies.
