CE.11a

Monopolies

What is a Monopoly? Can you think of any examples?

CE.11a

Government Regulation and Public Services

Adapted from Fairfax CountyCE.11a,b

CE.11a

The government promotes and regulates competition.

CE.11a

The 3 ways our government promotes competition

1. Enforcing Anti-trust Laws2. 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 19th 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. FCC2. EPA3. 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

FTCThe

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 simultaneous

ly.

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

?

FCCFederal

Communications

Commission

EPAEnvironment

alProtection

Agency

FTCFederal 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