AnswersPMHS Civics Q2Regulatory Policy

Regulatory Policy Answers

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What are the purposes of financial regulations? Choose three answers.

A
to make business competitive
B
to enforce government intervention
C
to limit and prevent monopolies
D
to allow businesses to collaborate
E
to ensure only one business can operate
F
to place regulations on prices
2
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Who does the SEC oversee?SEC- U.S. Securities and Exchange Commission

A
brokers
B
consumers
C
managers
D
workers
3

Which of these laws was created in order to directly protect consumers?

A
pollution laws
B
product safety laws
C
wage laws
D
equal opportunity laws
4

An economy that balances government intervention with free enterprise is known as a

A
commission.
B
monopoly.
C
mixed market.
D
regulatory agency.
5

Leah wants to get a home loan from her bank. Which agency would regulate that loan to ensure it is fair?

A
FDA- Food and Drug Administration
B
SEC- U.S. Securities and Exchange Commission
C
CFPB- Consumer Financial Protection Bureau
D
FCC- Federal Communications Commission
6

How are government regulations established?

A
Citizens agree on new regulations through annual elections.
B
Specialized executive agencies respond to a new policy by creating regulations.
C
Business owners agree to create regulations to better compete with one another.
D
The courts establish regulations in response to unfair business practices.
7

[BLANK]

A
Regulation
B
Monopoly
C
Revenue
8

What are the roles of the FCC in the US?FCC- Federal Communications CommissionChoose three answers.

A
regulating the country’s communications infrastructure
B
ensuring communication technology is compatible with existing technology
C
establishing safety standards for pesticides and other chemicals
D
assigning frequencies to television, radio, cable, and satellite providers
E
bringing civil suits against individuals or businesses for breaking security laws
F
investigating complaints, inspecting workplaces, and imposing penalties
9

[BLANK]

A
only when necessary
B
on a regular basis
C
as often as possible
10

Lillian was hurt at work when a slippery, wet floor wasn’t appropriately marked. Which regulatory agency should she turn to for help?

A
EPA- United States Environmental Protection Agency
B
FDA- Food and Drug Administration
C
SEC- U.S. Securities and Exchange Commission
D
OSHA- Occupational Safety and Health Administration

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