CE.11a Monopolies What is a Monopoly? Can you think of any examples?

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Presentation transcript:

CE.11a Monopolies What is a Monopoly? Can you think of any examples?

CE.11a Government Regulation and Public Services Adapted from Fairfax County CE.11a,b

CE.11a The government promotes and regulates competition.

CE.11a The 3 ways our government promotes competition 1.Enforcing Anti-trust Laws 2.Global Trade 3.Supporting New businesses

CE.11a 1.Enforcing anti-trust legislation to discourage the development of monopolies

CE.11a Anti-Trust Legislation Legislation created by our federal government Promoted competition Broke apart 19 th Century monopolies

CE.11a Trust Busting President? Remember Teddy Roosevelt?

CE.11a 2.Engaging in global trade

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!

CE.11a 3.Supporting business start-ups

CE.11a The 3 Government Agencies that oversee the way individuals and companies do business 1.FCC 2.EPA 3.FTC

CE.11a 1.FCC Federal Communication Commission

CE.11a The government agency that regulates communications, TV, Radio, etc.

CE.11a 2.EPA Environmental Protection Agency

CE.11a Regulates the way businesses interact with the environment (pollution).

CE.11a 3.FTC Federal Trade Commission

CE.11a FTC The government agency that regulates trade, mergers, commerce, etc.

Draw! FCC EPA FTC

CE.11b and 11e The government provides public goods and services…

CE.11b and 11e that individuals acting alone could not provide efficiently. What do you think this statement means?

CE.11b and 11e The 3 Characteristics of public goods and services

CE.11b and 11e 1.Include such items as interstate highways…

CE.11b and 11e …and national defense.

CE.11b and 11e 2.Provide benefits to many simultaneously.

CE.11b and 11e 3.Would not be available if individuals had to provide them.

CE.11b and 11e Benefits to Americans Healthcare Social Security Police and Fire Fighters Intelligence Educational Facilities

CE.11b and 11e 2 Ways Governments Produce Public Goods and Services

CE.11b and 11e 1.Through tax revenue.

CE.11b and 11e 2.Through borrowed funds.

CE.11b and 11e How much do you remember?

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

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.

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

CE.11a ? FCC Federal Communications Commission EPA Environmental Protection Agency FTC Federal Trade Commission

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

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