1. 6.1
Government and Laws

2. Bellwork -1/3 Get out your laptop
Grab a worksheet from the front table and begin!
Put up your laptop when you are finished.

3. I Can… Identify federal regulator agencies & laws
Explain the role of government in a free enterprise system

4. FDA Food and Drug Administration
Federal agency that regulates labeling and safety of food, drugs, and cosmetics sold in the U.S.
Protects consumers

5. CPSC Consumer Product Safety Commission
Federal agency responsible for overseeing the safety of all products except food, drugs, cosmetics, medical devices, tobacco products, firearms and ammunition, motor vehicles, pesticides, aircraft, boats, and fixed site amusement rides
Protects consumers

6. EEOC Equal Employment Opportunity Commission
Federal agency responsible for the fair and equitable treatment of employees with regard to hiring, firing, and promotions
Protects workers

7. OSHA Occupational Safety and Health Administration
Federal agency that provides guidelines for workplace safety and enforces those regulations
Protects workers

8. SEC Securities and Exchange Commission
Federal agency that regulates the sale of securities (stocks and bonds), licenses brokerage firms and financial advisers, and investigates dealings among corporations
Protects investors

9. EPA Environmental Protection Agency
Federal agency that protects human health and our environment
Protects environment

10. FTC Federal Trade Commission
Federal agency responsible for enforcing the principles of a free enterprise system and protecting consumers from unfair or deceptive business practices
Protects consumers

11. Roles of Government Provider of Services Customer Regulator
Enforcer of free enterprise
Monitor of the economy

12. Structure of the U.S. Government
Executive Branch
President
Executive Departments
Independent Agencies & Corporations
Example: USDA inspects, grades, and certifies beef, lamb, pork, and veal

13. Structure of the U.S. Government
Legislative Branch
U.S. Congress
Debate & vote on laws & regulations
Includes:
Senate
House of Representatives
Example: COOL – the country of origin label must be on meat products

14. Structure of the U.S. Government
Judicial Branch
Uphold laws & regulations through courts
Businesses can appeal laws or regulations that negatively affect business
Example: Telecommunication Act of 1996
Phone companies appealed act that would require them to discount competitors’ phone networks

15. I Can… Identify federal regulator agencies & laws
Explain the role of government in a free enterprise system

16. Think About It…
Why were laws involving grades of beef & quality of dairy products created?
What might happen if these laws were no longer in place?

17. Ticket out the Door
How does the role of government influence marketing?
Name the responsibilities of the FDA.