Government role in the economy

legal protection for consumers of goods and services

• equal protection

• due process

• consumer rights

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

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

laws to prevent the creation of monopolies

• better business bureau

• federal communication commission

• anti-trust laws

All of the following are ways the government promotes competition except

• collecting taxes

• prohibiting (preventing) monopolies

• engaging in trade

• supporting new businesses

Which is an example of a good or service provided by the government? (choose 3)

• Military

• Roads

• USPS Mail

• Taco Bell

Taxes paid to the government help pay for (choose 3)

• Police/Fire

• Schools

• Pizza

• Roads

This government agency regulates and enforces laws in order to protect the environment (ex. pollution, contamination) -

• Federal Communications Commission (FCC)

• Federal Trade Commission (FTC)

• Environmental Protection Agency (EPA)

This government agency regulates and enforces laws that protect employees from workplace discrimination (i.e. unequal treatment by an employee) -

• Equal Employment Opportunity Commission. (EEOC)

• Occupational Safety and Health Administration (OSHA)

• Food and Drug Administration (FDA)

• Federal Trade Commission (FTC)