ENT-Government regulation part 2

Which are the areas that the government regulate?
Answer in the chatbox.
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Slide 1: Tekstslide
EntrepreneurshipSecondary Education

In deze les zitten 20 slides, met interactieve quizzen en tekstslides.

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Which are the areas that the government regulate?
Answer in the chatbox.

Slide 1 - Tekstslide

Chapter 8.2:
Handling the government regulation
Pages 181-189

Slide 2 - Tekstslide

Summarize the laws that regulate trade
Compare the truth in Lending and truth in advertising
Evaluate the tax laws

Slide 3 - Tekstslide

In general, the American government allows businesses to compete in the marketplace with relative freedom. However, since the early 1800s, many laws have been enacted that regulate and restrict business practices. These key trade laws were created to preserve competition and fairness in the marketplace.

Slide 4 - Tekstslide

Task 1
 Categorize the laws listed under the heads Business Owner,
Employee, Consumer. You should determine who is affected by the law. Some laws may fit into more than one category.

Slide 5 - Tekstslide

Arrange the items into business owners, employees, and consumers: Equal opportunity, federal unemployment tax; price discrimination, consumer protection child labor, wrongful termination, sexual harassment, Americans with Disabilities act, FLMA family medical leave, equal pay for equal work, fair labor standards, workplace health and safety, uniform commercial code, truth in lending, truth in advertising, sales tax.

Slide 6 - Open vraag

Slide 7 - Link

What are the laws that regulate trade?

Slide 8 - Woordweb

What is the charging of different prices for the same product or service in different markets or to different customers?
Fair labor standards
Price discrimination
Family Medical Act
Workplace Safety and health

Slide 9 - Quizvraag

What is a group of laws that
regulates commercial business transactions?

Slide 10 - Woordweb

Truth in Lending
Those involved in retail businesses must familiarize themselves with the Consumer Credit Protection Act. This act requires
those who give credit to reveal all terms and conditions of their
credit agreements. As a result, it is called the Truth in Lending
Act. Like price discrimination laws, it is enforced by the Federal
Trade Commission.

Slide 11 - Tekstslide

Truth in advertising
The Federal Trade Commission is also concerned with protecting customers from false and misleading advertising. The laws that address this trade issue are sometimes called truth-in-advertising laws

Slide 12 - Tekstslide

Find the difference between truth in lending and truth in advertising.

Slide 13 - Open vraag

Which among the following is involves
advertising at a very low price to attract customers who are
then persuaded to switch to a more expensive product?
Bait and switch advertising
Switch advertising
Wrongful advertising

Slide 14 - Quizvraag

Which among the following is when you can not offer a reduced price on your product unless it has been offered to the public at the regular price for a period of time?
Bait and switch
Misleading ads
Sale price
Price comparisons

Slide 15 - Quizvraag

Tax laws
All for-profit business owners are responsible for certain taxes,
including sales, payroll, unemployment, and income tax.

Slide 16 - Tekstslide

In groups: Choose one of the following to research: sales tax, payroll taxes, federal unemployment tax, or business income taxes. Do Internet and book research on their chosen topic. Research the history of the laws, and the reasoning behind them. Create a summary of their findings.

Slide 17 - Open vraag

Which among these is a tax you need to deduct from the earnings of people?
Income Tax
Sales Tax
Payroll tax
Excise duty

Slide 18 - Quizvraag

What are the different taxes paid by a corporate?

Slide 19 - Woordweb

Give the laws that the government uses to regulate the businesses.

Slide 20 - Woordweb