ce13 Government role in the economy

based on yearly salary

• income tax

• sales tax

• property tax

formal, written agreement

• testimony

• promise

• contract

one business, no competition

• anti-trust

• free market

• monopoly

fee charged to borrow money; money earned on deposits

• investment

• interest

• balance

legal protection for consumers of goods and services

• equal protection

• due process

• consumer rights

coins and paper money

• debit

• credit

• currency

regulates tv and radio

• Federal Trade Commission

• Federal Talk Protection

• Federal Communication Commission

enforces laws that regulate businessses

• Federal Trade Commission

• Environmental Trade Corporation

• Federal Communication Company

regulated by the FED

• taxes

• money supply

• environment

provides to many people at the same time; individuals would not be able to provide for themselves

• private goods and services

• public goods and services