What does the government do with business now
What is the governments purpose in business?
To keep workers, consumers, and businesses and their rights secure.
How does the government increase consumer trust?
What is government enforces rules that makes it so that businesses cannot take advantage of them.
Why do companies struggle with regulations?
They cost a lot, create inefficiency
Ensure the safety, efficiency, and security of food and drugs for humans and animals.
A referee, not really intervening much in business but overseeing it.
How has the governments environmental concerns changed?
They have become more proactive in limiting what products can be produced based on how they affect the environment.
How has government involvement made working conditions better?
What do businesses and entrepreneurs face when handling these testings and regulations?
Lack of room for innovation, for new things.
Ensure safe and comfortable working conditions for workers, provide outreach, training, and education.
How did the government protect company property and products?
Same as now, patents, copyrights.
What does the government do to regulate businesses online?
Protect shoppers privacy and regulate products sold online.
How does the government help small businesses grow?
They have regulations against natural monopolies and regulating prices and wages from the government which make price and wages proportional so workers or businesses don't have a hard time
What is a reason small businesses struggle with regulations.
What does the Federal Trade commission do?
makes sure everyone is following federal consumer protection laws that don't allow fraud, deception and unfair business practices
How did the government settle problems between businesses?
What are ways the government controls the economy?
Monetary and Fiscal policies, government spending, interest rates
How does the government help small businesses with money?
They have programs that give out grants and business loans to small businesses.
How do government regulations affect workers?
Increases a businesses cost to hire workers, with job training and stuff.
what does the Federal reserve do?
controls the US monetary policy, promotes financial system stability, supervises and regulates financial institutions
What are the taxes on imported goods that a country places called?
Tarriffs
How does the government do all these things?
With taxes, regulatory laws and agencies.
How does the government protect people's products and ideas.
Putting something like a license requirement to use it, you have to pay for it or give the company something in return if you want to use their product.
How do government regulations affect business operations with changes in society?
What does the US Postal service do?
Government service that provides mail processing and delivery services to individuals and businesses in the US.
They made sure they weren't broken.