Social Studies - 2019-20
CE.13a - Government and Competition
The student will apply social science skills to understand the role of government in the United States economy by
a) examining competition in the marketplace;
UNDERSTANDING THE STANDARD
The government promotes and regulates marketplace competition.
Ways the government promotes marketplace competition
Establishing and enforcing antitrust legislation to discourage the development of monopolies
Enacting policies that encourage global trade
Supporting business start-ups
Government agencies that regulate and promote competition in the marketplace
FCC (Federal Communications Commission)
SEC (Securities and Exchange Commission)
FTC (Federal Trade Commission)
These agencies oversee the way individuals and companies do business.