Social Studies - 2019-20
CE.13e - Government Agencies
The student will apply social science skills to understand the role of government in the United States economy by
e) describing how governments regulate to protect consumers, labor, the environment, competition in the marketplace, and property rights;
UNDERSTANDING THE STANDARD
The United States government passes laws and creates agencies to protect consumer rights and property rights, competition in the marketplace, labor, and the environment.
A property right is a legal claim of ownership. Government helps define and enforce property rights. Property ownership is protected by negotiated contracts that are enforceable by law. This process helps beneficial exchanges take place.
Government agencies establish regulations that protect public health and safety, and promote competition.
Consumers may take legal action against violations of consumer rights.
Some government agencies that protect consumers, labor, or the environment include the following:
o CPSC (Consumer Product Safety Commission)
o FDA (Food and Drug Administration)
o OSHA (Occupational Safety and Health Administration)
o EEOC (Equal Employment Opportunity Commission)
o EPA (Environmental Protection Agency)