Chapter 18 - Business and Personal

The federal government's power o regulate business is gradually diminishing.

• True

• False

California passed vehicle emissions standards that are stricter than the federal standards.

• True

• false

The SEC was created in the early 1990s to prevent insider trading and other fraudulent activities.

• True

• False

The Toxic Substances Control Act authorizes the FTC to police the the production and use of industrial chemicals.

• True

• False

The Clean Water Act set guidelines for dealing with businesses that dump pollutants into the nation's waterways.

• True

• False

The World Trade Organization is the United Nations agency that regulates international trade.

• True

• False

The rapid rise of industrialism in the 19th century led to an increase in air and water pollution.

• True

• False

The EPA discourages state and local governments from enforcing environmental rules rather then letting the federal government do it.

• True

• False

The roots of Department of Energy can be traced back to World War II and the Manhattan Project, which developed the first nuclear weapons.

• True

• False

FERC regulates electricity and natural gas in the United States.

• True

• False