Money, Money Money!

The government both promotes and regulates ___________________.

• Competition

• Monopolies

• Bad Behavior

• Population

The government promotes marketplace competition by doing these three things:

1. Enforcing antitrust legislation to discourage the development of monopolies
2. ?

3. 3. Supporting business start-ups

• Increasing taxes

• Encouraging monopolies

• Ignoring issues

• Engaging in global trade

The government promotes competition by enforcing _________________legislation to discourage the development of monopolies.

• Immigration

• Tax increase

• Anti-trust

• Lobbying

Choose 3 government agencies that oversee the way individuals and companies do business.

• 1. 1. Better Business Bureau

  2. 2. Town Hall

  3. 3. Board of Mayor and Aldermen

• 1. 1. FCC (Federal Communications Commission)

  2. 2. EPA ( Environmental Protection Agency)

  3. 3. FTC (Federal Trade Commission)

• 1. 1. Senate

  2. 2. House of Representatives

  3. 3. Secret Service

• 1. 1. Fox News

  2. 2. MSNBC

  3. 3. BBC

Choose the examples of public goods and services.

• Monopolies

  Partnerships

  Entrepreneurship

• Groceries

  Rent

  Car Payment

• Trains

  Planes

  Automobiles

• Interstate Highways

  Postal Service

  National Defense

Public goods and services provide benefits to many people at the same time. These would not be available if ______________________________.

• The public said they no longer needed them

• People had to borrow money to have them

• Individuals had to provide them

• jobs were created

What amendment gives Congress the authority to tax personal and business incomes?

• 2nd Amendment

• 1st Amendment

• 16th Amendment

• 13th Amendment

How do governments get the money to produce public goods and services?

• Through GOfundme accounts

• By hook or crook

• Through tax revenue and borrowed funds

• Through any means necessary

The government can do these three things to influence economic activity.

1. 1. Tax

2. 2?

3. 3. Spend

• Ignore

• Beg

• Steal

• Borrow

If the government increases taxes, what happens to the amount of money that people and businesses can spend?

• The dollar amount is increased that people and businesses can spend.

• Nothing

• The dollar amount is reduced that people and businesses can spend.

• You have to move back in with your mother.