CE.11a Monopolies What is a Monopoly? Can you think of any examples?
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Transcript of CE.11a Monopolies What is a Monopoly? Can you think of any examples?
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CE.11a
Monopolies
What is a Monopoly? Can you think of any examples?
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CE.11a
Government Regulation and Public Services
Adapted from Fairfax CountyCE.11a,b
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CE.11a
The government promotes and regulates competition.
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CE.11a
The 3 ways our government promotes competition
1. Enforcing Anti-trust Laws2. Global Trade
3. Supporting New businesses
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CE.11a
1. Enforcing anti-trust legislation to discourage
the development of monopolies
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CE.11a
Anti-Trust Legislation
• Legislation created by our federal government
• Promoted competition
• Broke apart 19th Century monopolies
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CE.11a
Trust Busting President?
Remember Teddy Roosevelt?
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CE.11a
2. Engaging in global trade
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CE.11a
Why do we participate in Global Trade?
• To obtain goods that we cannot produce
• Purchasing goods at a lower cost
• Selling goods to other countries
• Job creation!
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CE.11a
3. Supporting business start-ups
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CE.11a
The 3 Government Agencies that oversee the way
individuals and companies do business
1. FCC2. EPA3. FTC
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CE.11a
1. FCC Federal Communication
Commission
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CE.11a
The government agency that regulates
communications, TV, Radio,
etc.
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CE.11a
2. EPA Environmental Protection
Agency
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CE.11a
Regulates the way
businesses interact with
the environment (pollution).
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CE.11a
3. FTC Federal Trade Commission
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CE.11a
FTCThe
government agency that
regulates trade, mergers,
commerce, etc.
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Draw!FCC EPA FTC
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CE.11b and 11e
The government provides public goods and services…
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CE.11b and 11e
that individuals acting alone could not provide
efficiently.
• What do you think this statement means?
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CE.11b and 11e
The 3 Characteristics of public goods and services
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CE.11b and 11e
1. Include such items as interstate highways…
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CE.11b and 11e
…and national defense.
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CE.11b and 11e
2. Provide benefits to
many simultaneous
ly.
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CE.11b and 11e
3. Would not be available if individuals had to provide
them.
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CE.11b and 11e
Benefits to Americans
• Healthcare• Social Security• Police and Fire
Fighters• Intelligence• Educational
Facilities
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CE.11b and 11e
2 Ways Governments Produce
Public Goods and Services
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CE.11b and 11e
1. Through tax revenue.
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CE.11b and 11e
2. Through borrowed funds.
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CE.11b and 11e
How much do you
remember?
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CE.11b and 11e
1. What does the government use to finance the public
goods and services it produces?
a. taxes
b. tariffs
c. tax on imported goods
d. interest payments
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CE.11b and 11e
2. National Defense, Public Safety Officers, and the
Postal Service are all examples of:
a. goods and services provided by the government.
b. private entities that serve our communities.
c. services we pay for on an as needed basis.
d. self-supporting entities.
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CE.11a
3. What would be the best heading for the chart?
a. Agencies that regulate business
b. Antitrust agencies
c. Global trade commissions
d. Commissions that limit competition
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CE.11a
?
FCCFederal
Communications
Commission
EPAEnvironment
alProtection
Agency
FTCFederal Trade
Commission
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CE.11a
3. What would be the best heading for the chart?
a. Agencies that regulate business
b. Antitrust agencies
c. Global trade commissions
d. Commissions that limit competition
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CE.11a
4. Why does the United States government enforce anti-
trust laws?
a. to promote competition
b. to limit competition
c. to increase taxes
d. to provide additional public
goods and services