Government & the Economy

Slides:



Advertisements
Similar presentations
What is the goal of the game Monopoly?
Advertisements

Introduction to Business and Marketing. Objectives Describe seven protections that are included in the Consumer Bill of Rights Describe the responsibilities.
Increasing Social Responsibility
 Summary: The government protects the ownership of resources, such as land, personal possessions, physical assets, and intellectual property Examples:
1 National Marketers of Dietary Supplements Settle FTC Charges Defendants to Pay $2.2 Million in Redress Direct mail marketers have agreed to pay $2.2.
Food and Chemicals. Objectives Analyze food and chemical issues and determine how science has affected food through production, packaging, and health.
Consumer Protection Agencies Introduction to Business & Marketing.
THE IMPORTANCE OF THE FOOD SCIENCE INDUSTRY Agriscience 102 Applied Agricultural Science and Technology #8408 TEKS: (c)(5)(A)
Free Enterprise System
Regulation and Deregulation Today. Promoting Competition The forces of the marketplace generally keep business competitive with on another and attentive.
Entrepreneurship Mr. Bernstein Handling Government Regulations, pp October 20, 2014.
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 15 SLIDE Consumer Buying Decisions Consumer.
Section 3.2 Government and Consumer Functions
5.01 Students will be able to understand the rights and responsibilities of consumers.
Chapter 20 Section 1. Providing Public Goods What Are Private Goods?  Private Goods- Goods that, when consumed by one individual, cannot be consumed.
Template by Bill Arcuri, WCSD Click Once to Begin JEOPARDY! Free Enterprise.
MKTG 442 FOOD MARKETING REGULATIONS Lars Perner, Instructor 1 FOOD MARKETING REGULATIONS  Types of regulations –Economic –Food safety –Consumer protection.
Government & the Economy
Assistance for the Asking By Your Name. Why do we need Assistance ? Since everyone that owns a business is not always completely business savvy in every.
Chapter 23.1 The Role of Government. Providing Public Goods Businesses produce mostly private goods, or goods that when consumed by one individual cannot.
Business Ethics and Social Responsibility
Becoming a Smart Consumer. Smart Consumers Think about whether they need a product, whether they can afford it and how they can purchase it carefully.
CONTEMPORARY ECONOMICS© Thomson South-Western 20.3Consumer Protection  Explain why consumers need the government to protect them from defective or dangerous.
Marketing Dynamics-Chapter 3 Study Guide  THE  FREE  ENTERPRISE  SYSTEM.
Consumer Protection How can citizens take steps to protect themselves financially? How does the government try to protect citizens?
Consumer Protection How can citizens take steps to protect themselves financially? How does the government try to protect citizens?
Consumer Rights and Responsibilities Consumer and Career Education Know your consumer rights: The Learning Seed.
Ch. 23 Section 1 The Role of Government. Private Goods, Public Goods Private Goods – are goods that when consumed by one individual cannot be consumed.
Regulatory Agencies. Students Will: Be able to identify and describe regulatory agencies in order to analyze the effects they have on the safety of the.
Back to Table of Contents pp Chapter 24 Protecting Consumers.
Chapter 19 Lesson 1 Personal Finance. Consumer Rights  As a consumer you have many rights.  Consumerism is a movement to educate buyers about the purchases.
LEGAL AND ETHICAL ISSUES Ch. 6. THE ROLES OF GOVERNMENT  “The stability of a government and its policies shape the political climate of a country” 
Government Agencies. State Department 1789 French Revolution caused us to think about having an agency that deals with other countries Secretary of State.
Government Involvement in the Economy and Labor Unions.
Government rules promote and regulate the actions of business. The laws influence the production, selling, and pricing of goods and services.
Introduction to Business © Thomson South-Western ChapterChapter Economic Decisions and Systems Economic Systems and Monopolies Supply and.
Section 6.1 Government and Laws Chapter 6 legal and ethical issues Section 6.2 Social Responsibilities and Ethics.
© 2012 Cengage Learning. All Rights Reserved. Objective 2.05 Understand responsible actions for conducting business. SLIDE 1 Objective 2.00 Understand.
The Government’s Role in Our Economy
Consumer Rights and Responsibilities
Ch. 26 Becoming a Smart Consumer
Civics & Economics – Goal 9 – Measuring the US Economy
Objective 4.04 Understand Marketplace Experience
Review of the Role of Government
Consumer Rights and Responsibilities
Government’s Role in the U.S. Economy
Consumer Protection How can citizens take steps to protect themselves financially? How does the government try to protect citizens?
Government & the Economy
Role of the Legal System
LT: Explain the roles government plays in our free enterprise system
Competition and the government
THE GOVERNMENT AND THE ECONOMY
The Role of Government Unit 7, Day 4.
Government Role in the Economy
Noah Thompson Brittany Madden Katy Watson
Government & the Economy
Government & the Economy
Government and Business
SOL CE.13 - Government and the Economy
Acquire knowledge of the impact of government on business activities to make informed economic decisions 5.04.
The Role of Government.
$100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500.
Government & the Economy
Government’s Role in the U.S. Economy
Government & the Economy
Government & the Economy
Protecting Consumers Chapter 24.
The Role of Government in the Economy
CONSUMER RIGHTS CIVICS CE. 13E MR. COLLINS & MRS. KOZLIK.
Executive Tools & Regulatory Agencies
Presentation transcript:

Government & the Economy Who’s involved in a mixed economy? Government & the Economy Graphic Organizer Activity

GRAPHIC ORGANIZER

GRAPHIC ORGANIZER Tell where each card belongs! The government provides free information to help consumers learn how to be healthy and safe. Dietary guidelines and nutrition information can be found at www.nutrition.gov. On www.foodsafety.gov you can learn how to handle food safely so you won’t get sick, and also find out about food recalls and health alerts.

GRAPHIC ORGANIZER Tell where each card belongs! The U.S. Department of Commerce found that fresh garlic from China was being sold in the U.S. for less than fair market value. This harmed garlic growers in the U.S. who could not afford to sell garlic that cheaply. The government added a tax to fresh garlic from China to make it more expensive.

GRAPHIC ORGANIZER Tell where each card belongs! In 2009, the Federal Trade Commission went after Kellogg Company for ads that contained false information. Kellogg had been saying that its Frosted Mini Wheats were “clinically shown to improve kids’ attentiveness by nearly 20%.” Kellogg agreed not to run untruthful ads in the future.

GRAPHIC ORGANIZER Tell where each card belongs! The government is concerned about the problems caused by a poor diet. That’s why the government’s Nutrition Assistance program helps people with low incomes buy healthy food. People can apply online to receive monthly benefits that they can use at the grocery store to buy food to prepare at home.

GRAPHIC ORGANIZER Tell where each card belongs! In 2009, the Federal Trade Commission went to court to stop grocery store Whole Foods from buying the Wild Oats food chain. The FTC said it would create a natural foods monopoly. To settle the case, Whole Foods agreed to sell 13 of the Wild Oats stores to someone else. That preserved some competition.

GRAPHIC ORGANIZER Tell where each card belongs! Government agencies like the Food & Drug Administration and the Department of Agriculture enforce food safety laws. They conduct inspections and make sure food producers are meeting safety standards. They also inspect foods that come from other countries to make sure it is safe to eat.

GRAPHIC ORGANIZER Tell where each card belongs! In 2012, the former owner of a major tomato paste company confessed to a crime. He admitted he got other tomato paste companies to agree they would all sell tomato paste at the same price. The U.S. Department of Justice prosecuted the tomato paste price-fixers in federal criminal court.

GRAPHIC ORGANIZER The government provides free information to help consumers learn how to be healthy and safe. Dietary guidelines and nutrition information can be found at www.nutrition.gov. On www.foodsafety.gov you can learn how to handle food safely so you won’t get sick, and also find out about food recalls and health alerts. Government agencies like the Food & Drug Administration and the Department of Agriculture enforce food safety laws. They conduct inspections and make sure food producers are meeting safety standards. They also inspect foods that come from other countries to make sure it is safe to eat. The government is concerned about the problems caused by a poor diet. That’s why the government’s Nutrition Assistance program helps people with low incomes buy healthy food. People can apply online to receive monthly benefits that they can use at the grocery store to buy food to prepare at home. In 2009, the Federal Trade Commission went after Kellogg Company for ads that contained false information. Kellogg had been saying that its Frosted Mini Wheats were “clinically shown to improve kids’ attentiveness by nearly 20%.” Kellogg agreed not to run untruthful ads in the future. In 2012, the former owner of a major tomato paste company confessed to a crime. He admitted he got other tomato paste companies to agree they would all sell tomato paste at the same price. The U.S. Department of Justice prosecuted the tomato paste price-fixers in federal criminal court. In 2009, the Federal Trade Commission went to court to stop grocery store Whole Foods from buying the Wild Oats food chain. The FTC said it would create a natural foods monopoly. To settle the case, Whole Foods agreed to sell 13 of the Wild Oats stores to someone else. That preserved some competition. The U.S. Department of Commerce found that fresh garlic from China was being sold in the U.S. for less than fair market value. This harmed garlic growers in the U.S. who could not afford to sell garlic that cheaply. The government added a tax to fresh garlic from China to make it more expensive.