WVMR Reporter Quote Above
Voluntary compliance is basically a system based on trust. It works with the idea that people will follow the rules, even if there isn't someone constantly checking up on them. It's often used in situations like:
- Paying taxes: The government relies on people to honestly report their income and pay the taxes they owe. While there are audits and penalties for non-compliance, the system depends on most people following the rules without being forced to https://www.investopedia.com/.
- Following laws: Many laws, like traffic laws, rely on people following them because it's the right thing to do and benefits everyone.
Here are some reasons why voluntary compliance works:
- Sense of fairness: People are more likely to follow rules they believe are fair and just.
- Social pressure: People don't want to be seen as breaking the rules, especially by their peers.
- Convenience: Following the rules can be easier than trying to get around them.
Of course, voluntary compliance isn't perfect. There will always be some people who don't follow the rules. That's why there are usually consequences in place for non-compliance, like fines or penalties. But the idea is that most people will follow the rules on their own, which makes things run more smoothly for everyone.
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