Regulation is like having rules that help everyone play fairly and safely. Think about when you play a game with friends. You all agree on rules, like taking turns or not pushing, so everyone has fun. These rules are important because they make sure no one gets hurt or feels left out. In the world, regulations are like those rules but for grown-ups. They help make sure people, companies, and even countries do things in a way that is fair and safe for everyone.
Imagine a traffic light. It tells cars when to stop and go. Without it, cars might crash because everyone would be driving whenever they wanted. Regulations are like traffic lights for lots of things in life. They help keep everything in order and make sure everyone knows what to do.
Think of regulations as a big book of rules that everyone needs to follow. Just like how your teacher has rules in the classroom to make sure everyone learns and plays nicely, regulations help keep everything in the world working smoothly. They are there to make sure everyone knows how to behave and what to expect.