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Understanding Government Regulation and Oversight

Authored by Paula Samal

Social Studies

12th Grade

Understanding Government Regulation and Oversight
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of regulation in the private sector?

To increase profits for private companies

To control or change practices using governmental authority

To eliminate competition among businesses

To reduce government spending

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is compliance monitoring?

Ensuring that firms and companies are following industry regulations

Creating new regulations for the private sector

Reducing the number of regulations in the private sector

Increasing the budget for regulatory agencies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who has the discretionary and rule-making authority to implement policy?

The President

Bureaucratic departments, agencies, and commissions

The Supreme Court

State governments

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a method of Congressional oversight?

Holding hearings and conducting investigations

Setting new guidelines for an agency

Increasing the salaries of agency employees

Exercising budgetary control by setting aside funds

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many cabinet departments are there, and who appoints their heads?

10, appointed by the Senate

15, appointed by the President and approved by the Senate

20, appointed by the President

25, appointed by Congress

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an Independent Executive Agency?

The Federal Reserve Board

The Department of Homeland Security

The Social Security Administration

The U.S. Postal Service

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main function of Independent Regulatory Commissions?

To provide services to the public

To regulate specific economic activities or interests

To create new laws

To manage government-owned businesses

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