PBMF Government's Role in Business Unit 6

allows the government to break up companies with control of a market; prevents monopolies

• Federal Trade Commission

• Federal Trade Commission Act of 1915

• Clayton Antitrust Act of 1914

• Sherman Antitrust Act of 1890

passed to amend and clarify the Sherman Antitrust Act

• Federal Trade Commission

• Sherman Antitrust Act of 1890

• Federal Trade Commission Act of 1915

• Clayton Antitrust Act of 1914

established the Federal Trade Commission

• Federal Trade Commission Act of 1915

• Clayton Antitrust Act of 1914

• Sherman Antitrust Act of 1890

• Environmental Protection Agency

promotes fair competition; prevents false/deceptive advertising

• Regulation

• Deregualtion

• Federal Trade Commission

• Entry Barriers

government sets strict rules affecting businesses within certain industries

• entry barriers

• graduated tax

• regulation

• Federal Trade Commission

removal or relaxation of the rules affecting businesses within certain industries

• regulation

• deregulation

• Federal Trade Commission

• unionization

high startup costs or other obstacles which may prevent new competitors from entering an area of business

• Personal Income tax

• Corporate Income Taxes

• Collective Bargaining

• Entry Barriers

provides low-cost loans, advice and other assistance to small businesses

• Wagner Act

• Taft-Hartley Act

• Federal Trade Commission

• Small Business Administration

created to protect the natural environment in which we live; stresses clean air, land and water; creates laws to prevent businesses from harming the environment

• Federal Trade Commission

• Taft-Hartley Act

• Environmental Protection Agency

• Wagner Act

percentage of total income deducted from a paycheck; graduated tax

• Featherbedding

• Property Taxes

• Corporate Income Tax

• Personal income Tax