WorksheetsQuiz 2
Total questions: 20
Worksheet time: 23mins
allows the government to break up companies with control of a market; prevents monopolies
(a)
promotes fair competition; prevents false/deceptive advertising
(a)
removal or relaxation of the rules affecting businesses within certain industries
(a)
high startup costs or other obstacles which may prevent new competitors from entering an area of business
(a)
created to protect the natural environment in which we live; stresses clean air, land and water; creates laws to prevent businesses from harming the environment
(a)
percentage of total income deducted from a paycheck; graduated tax
(a)
more money made, the higher percentage of taxes will need to be paid
(a)
federal taxes paid on corporate profits; also imposed by state, local and foreign governments
(a)
paid by businesses on land, structures and other property they own
(a)
added to the price of goods and services at the time of purchase
(a)
designed to control potentially harmful practices; are automatically included in the price; produce income which must be used for a purpose related to a tax
(a)
“import taxes”; fees imposed on goods brought into the country; designed to protect U.S. businesses against foreign competition; raise the price of imports to a level comparable to the price of domestic merchandise
(a)
branch of the government which is headed by the U.S. President
(a)
includes the two houses of Congress
(a)
is the U.S. court system
(a)
laws that are written by the legislative branch
(a)
based on precedents established by judges decisions
(a)
offers value to customers through products and services
(a)
organizations formed to represent workers and prevent unfair labor practices; members are typically employees of the same type of occupation or industry
(a)
allows employees the right to work for a company whether or not they decide to join the union
(a)
