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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