CE.13

The government promotes marketplace competition establishing and enforcing _______________ to discourage the development of _____________ .

• monopolies, global trade

• business start-ups

  global trade

• antitrust legislation,

  monopolies

• antitrust legislation,

  businesses

The government promotes marketplace competition by enacting policies that encourage ___________.

• global trade

• monopolies

• nationwide trade

• only trading within your state

What is the FCC?

• Federal Consumer Commission

• Federal Company on Communications

• Federal Communications Company

• Federal Communications Commission

The government promotes marketplace competition by supporting __________.

• more fees

• business start-ups

• more tax revenue

• government control

What is the SEC?

• Securities and Exchange Commission

• Southeastern Conference

• Safety for Everyone Commission

• Securities and Exchange Conference

What is the FTC?

• Federal Togetherness Commission

• Federal Trade Company

• Future Trade Company

• Federal Trade Commission

What agencies oversee the way individuals and companies do business?

• SEC

• FTC

• FDA

• FCC

• OSHA

What are characteristics of most goods and services provided by government?

• They are only available to a few citizens.

• Include such things as interstate highways, public schools, and national defense

• Would not likely be available if individuals had to provide them

• Provide benefits to many simultaneously

Most economic decisions in the United States are made in the marketplace, but government also has a role in the economy by ______________.

• not interfering

• providing goods and services that markets cannot provide efficiently

• providing goods and services that markets can provide efficiently

• controlling everything produced

What are ways governments pay for public goods and services

• through receiving deposits

• through fines

• through tax revenue

• through paying interest