The Federal Trade Commission

The video discusses consumer rights and protections under the Federal Trade Commission (FTC). It traces the origins of consumer protection back to the Industrial Revolution, highlighting the concentration of power among a few business owners. The FTC was established to prevent monopolies and protect consumers from unfair practices. The video explains the FTC's structure, including its three bureaus, and details its efforts to maintain fair business practices, such as preventing misleading advertising and unjustified price hikes.

What historical event led to the establishment of the Federal Trade Commission?

What are the main functions of the three bureaus within the Federal Trade Commission?

How does the Federal Trade Commission protect consumers from unfair business practices?

What actions has the FTC taken against organizations that engage in illegal practices?

Why is it important for the government to protect consumers?