Marketplace Competition

Slides:

Advertisements

Similar presentations

The American Free Market System

Advertisements

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

2006 AP Government Free Response Question #3 Mark Power.

Chapter 7 Legal Aspects of Business

Economics & Economic Decision Making Caveat Emptor Start working on cartoon question sheet you picked up at the door.

Perfect Competition: 9.1. Market Structure: -In this chapter, you will learn that businesses are categorized by market structure. -Market Structure: amount.

LESSON 7.3 Antitrust, Economic Regulation, and Competition

For use only with Perreault/Cannon/McCarthy or Perreault/McCarthy texts. © 2008 McGraw-Hill Companies, Inc. McGraw-Hill/Irwin Evaluating.

The role of government in the United States economy How does the United States government promote and regulate competition?

Laws against Anti- Competitive Practices Laissez-Faire Interstate Commerce Act Interstate Commerce Commission Sherman Anti-Trust Act.

Competition and Monopolies

ROLE OF GOVERNMENT IN BUSINESS As Regulator – what does government regulate? ▫Look up your legislation  Explain the act.  Why was this specific act passed?

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.

LAW for Business and Personal Use © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible.

6.3 Implementing & Enforcing Laws. Regulatory Commissions  Commissions established by the government to oversee certain areas.  Federal Trade Commission.

Government Regulatory Agencies. FDA Food and Drug Administration –Enforces laws to ensure purity, effectiveness, and truthful labeling of food,

The Safe Drinking Water Act By: Lexie Lewis Period: 2 Mr.Rall.

Independent Agencies Early American History and Civics.

COMPETITION & REGULATORY AGENCIES Types of Competition Mergers Government Regulation Anti-Trust Legislation Federal Regulatory Agencies.

ECONOMICS CE.9A-12E Chapters “Daddy’s Hands” (16)

Banking and Money What do you know about a bank..

Copyright © 2005 by South-Western, a division of Thomson Learning, Inc. All rights reserved. 1-1 Competing in Global Markets.

TYPES OF COMPETITION Perfect Competition – a large number of companies all producing essentially the same product. No company has any control over price.

Political and Legal Environment of Marketing. Consumer Legislation The Clayton Act –Law established in 1914 on the subject of antitrust and price discrimination.

The Government and the Economy Page 81 What sound do porcupines make when they kiss? “OUCH!”

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.

FEDERAL RESERVE CONTROLS THE NATION’S MONEY SUPPLY LOWERS AND RAISES INTEREST RATES.

Agencies of the Executive Branch Decisions made by any agency of the Executive Branch are considered an executive order and have the power of LAW!!!

Chapter 6 legal and ethical issues Section 6.1 Government and Laws

Government functions in the Economy  Stabilize the economy  Provide Public Goods  Regulation of Business, Labor, Agriculture  Redistribute Income…Entitlements.

4 th 9-weeks Review. Government and Economy CE.11 a-d Workforce and Careers CE.10 d CE.12 a-d.

1 Essential Question: Explain the attitude of the U.S. government before the 1880’s (explain the term Laissez Faire), Identify the 3 purposes of early.

Chapter 7 section 3 The Role of Government.

Role of Government. Antitrust Legislation Trusts- legally formed combinations of corporations.

Section 6.1 Government and Laws Chapter 6 legal and ethical issues Section 6.2 Social Responsibilities and Ethics.

COMPETITION & REGULATORY AGENCIES Types of Competition Mergers Government Regulation Anti-Trust Legislation Federal Regulatory Agencies.

Higher Level Questions: (p.40) 1. What are public goods and services? 2. How do governments produce public goods and services? 3. What is the role of the.

The Role of Government in the Economy. I.How does the United States government promote & regulate marketplace competition? Enforcing antitrust legislation.

Objective 4.1 Structure of the Executive Branch ARTICLE II EXECUTIVE BRANCH.

CIVICS PACKET – FEBRUARY DUE BY FEBRUARY 28 TH. STANDARD CE.13A THE STUDENT WILL DEMONSTRATE KNOWLEDGE OF THE ROLE OF GOVERNMENT IN THE UNITED STATES.

Economic Systems. What is Economics? Basic questions of Economics: 1.What will be produced? 2.Who will produce it? 3.For whom will it be produced?

It’s not working It won’t charge My computer isn’t working.

The role of government in the United States economy

Consumer Protection Agencies

Review of the Role of Government

Government Regulations

Competition and Monopolies

SOL Review Questions Civics & Economics #

Ch. 11 The Role of Government in Our Economy

Role of the Legal System

LT: Explain the roles government plays in our free enterprise system

Competition and the government

Ch. 4 Business Ethics and Social Responsibility

THE GOVERNMENT AND THE ECONOMY

Government Role in the Economy

Duty 4 - Systems NOCTI.

U2C7: Market Structures Economics.

Government and Business

SOL CE.13 - Government and the Economy

Environmental Legislation Logan Hobbs

LT: Explain the roles government plays in our free enterprise system

Acquire knowledge of the impact of government on business activities to make informed economic decisions 5.04.

Identify the roles government plays in our free enterprise system

Basic economic systems Command economy Vs. Free Market Economy

COMPETITION & REGULATORY AGENCIES

$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.

Duty 4 - Systems NOCTI.

Duty 4 - Systems NOCTI.

The Role of Government in the U.S. Economy

Presentation transcript:

Marketplace Competition CE.13a

How does the United States government promote and regulate marketplace competition? Question

The Government Promotes Competition The government promotes and regulates marketplace competition. Ways the government promotes marketplace competition Enforcing antitrust legislation to discourage the development of monopolies Engaging in global trade Supporting business start-ups http://www.sba.gov/ The Government Promotes Competition

The Government Regulates Business Government agencies that regulate business FCC (Federal Communications Commission) http://www.fcc.gov/what-we-do EPA (Environmental Protection Agency) http://www.epa.gov/aboutepa/ FTC (Federal Trade Commission) http://www.ftc.gov/ftc/about.shtm These agencies oversee the way individuals and companies do business. The Government Regulates Business

Examine competition in the marketplace. Review