Intro to Business – 10/23/09

I. Bellwork
Identify a service provided by each branch of government (City, State, Federal)
 
II. Objectives

  • Explain government actions to regulate business
  • Discuss efforts of government to assist business
  • Identify methods used by government to raise money

III.  Notebook Government Regulation & Assistance pgs. 87-91
A) Regulatory Activities
  1) Regulation of utilities
    a) Examples of public utilities
    b) How does the government regulate them?
 
  2) Prevent Unfair Business Practices
    a) Monopoly – describe
    b) Anti-trust  laws- describe

B) Government Assists Business
    Information- explain
    Loan- explain
  1)  Government buys goods and services
    Statistics and examples
  2)  Government employs workers
    Statistics and examples

C) Government Raises Money
    How?
  1) Taxes
    Four types of taxes
  2) Borrowing
     Why and How?

IV. Classwork
A. Terms (3)
B. Checkpoint (3)
C. Page 91- 1-3
D. Page 86- 1-2 Question and Answer


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