Read the Case “Should Facebook Be Regulated?” at the end of Chapter 7 and response to the following:Please follow the feedback from my professor from attachment(Grading).I am attaching a case study pdf copy and book. and follow the instruction. The Case Study should fully answer and address the questions asked and should model a well-structured essay. The best responses will include section headings, use strong topic sentences, and succinctly but thoroughly explain and provide examples for the response. There is no minimum word count but I would assume at least 1,500 words will be necessary. There is no maximum word count, however, you should be succinct in your ability to explain yourself. I would expect that you will use sources to fully respond to the Case Study, drawing upon the textbook and beyond. You should properly cite these sources. There is no minimum number of citations required but I would assume at least 3 sources may be necessary, depending on the Case Study. Please use your best scholarly and professional judgment. Do you believe the government (in the United States and other countries) should regulate Facebook to protect its users’ privacy? Why or why not?Do you believe that Facebook’s actions so far exemplify working in collaboration with, or in opposition to, government? Why?What elements of the public policy process are seen in this case: public policy inputs, goals, tools, and effects?Of the reasons described in this chapter to justify government regulation: market failure, negative externalities, natural monopolies, and ethical arguments, which reasons are relevant in this case?Since Facebook and other social media platforms are global in nature, is there a need for international regulation to protect consumers’ privacy worldwide? If so, what organization could provide this global regulatory protection?Since Facebook and other social media platforms are global in nature, is there a need for international regulation to protect consumers’ privacy worldwide? If so, what organization could provide this global regulatory protection?