1. GOVERNMENT FUNCTIONS IN A MIXED ECONOMY

2. FREE ENTERPRISE SYSTEM

3. Exceptions to Freedom of Ownership
Can’t be against the law
The government can environmental protection
Zoning laws may prevent a certain type of business
Patents protect inventions
Licensing Agreements, Names and/or Symbols protect products

4. So What is the Government’s Role in a Free Enterprise Economy
As a provider of general services
As a supporter of business
As a regulator
As a competitor

5. General Services
Education
Police & Fire
Roads & Bridges
Welfare

6. As a Supporter of Business
Disaster Relief
Small Business Administration
Government as a consumer

7. As a Regulator
FDA, EEOC, OSHA, Licensing, health departments, minimum wage, EPA, SEC
Patents, copyrights and trademarks
Federal Reserve System and Federal Trade Commission

8. As a competitor
U.S. Postmaster
AmTrak
TVA
National Parks