6.1
Government and Laws
Bellwork -1/3
Get
out your laptop
Grab a worksheet from the
front table and begin!
Put up your laptop when you
are finished.
I Can…
Identify
federal regulator agencies & laws
Explain the role of government in a free
enterprise system
FDA
Food
and Drug Administration
Federal agency that regulates labeling
and safety of food, drugs, and cosmetics
sold in the U.S.
Protects consumers
CPSC
Consumer
Product Safety Commission
Federal agency responsible for
overseeing the safety of all products
except food, drugs, cosmetics, medical
devices, tobacco products, firearms and
ammunition, motor vehicles, pesticides,
aircraft, boats, and fixed site amusement
rides
Protects consumers
EEOC
Equal
Employment Opportunity
Commission
Federal agency responsible for the fair
and equitable treatment of employees
with regard to hiring, firing, and
promotions
Protects workers
OSHA
Occupational
Safety and Health
Administration
Federal agency that provides guidelines
for workplace safety and enforces those
regulations
Protects workers
SEC
Securities
and Exchange Commission
Federal agency that regulates the sale of
securities (stocks and bonds), licenses
brokerage firms and financial advisers,
and investigates dealings among
corporations
Protects investors
EPA
Environmental
Protection Agency
Federal agency that protects human
health and our environment
Protects environment
FTC
Federal
Trade Commission
Federal agency responsible for enforcing
the principles of a free enterprise system
and protecting consumers from unfair or
deceptive business practices
Protects consumers
Roles of Government
Provider
of Services
Customer
Regulator
Enforcer of free enterprise
Monitor of the economy
Structure of the U.S.
Government
Executive
Branch
President
Executive Departments
Independent Agencies & Corporations
Example: USDA inspects, grades, and
certifies beef, lamb, pork, and veal
Structure of the U.S.
Government
Legislative
U.S. Congress
Debate
Branch
& vote on laws & regulations
Includes:
Senate
House
of Representatives
Example: COOL – the country of origin label
must be on meat products
Structure of the U.S.
Government
Judicial
Branch
Uphold laws & regulations through courts
Businesses can appeal laws or regulations
that negatively affect business
Example: Telecommunication Act of 1996
Phone companies appealed act that
would require them to discount
competitors’ phone networks
I Can…
Identify
federal regulator agencies & laws
Explain the role of government in a free
enterprise system
Think About It…
Why
were laws involving grades of beef &
quality of dairy products created?
What
might happen if these laws were no
longer in place?
Ticket out the Door
How
does the role of government
influence marketing?
Name
the responsibilities of the FDA.