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Government as Regula
11.1 Madi Gordon
Question | Answer |
---|---|
Business that takes place between states. | Interstate Commerce |
Business that takes place in states. | Intrastate Commerce |
Occurs when a company contorls an industry or is the only one to offer a product or service. | Monopoly |
Occurs when a small number of companies control the company. | Oligopoly |
A group of companies that band together to form a monopoly and cut out competition. | Trust |
Allow the federal government to break up monopolies, regulate them, or take control of them. | Antitrust laws |
A legally enforcable agreement between two or more parties. | Contract |
Occurs when one party fails to live up to the terms of a contract. | Breach of Contract |
Give artists the legal right to own their creations. | Copyright |
A legal grant for the sole right to own an invention. | Patent |
A name, a symbol, or a characteristic that identifies a product. | Trademark |
The income that governments get from all sources. | Revenue |
Occurs when a business offers a public good or service. | Privatization |
Are monetary grants given to producers or consumers to encourage certain behaviors. | Subisidies |
An amount of money peopole and businesses pay governments to help run the nation, state, city, county, or town. | Tax |
A temporary reduction or elimination of a tax that is meant to encourage or dicourage an activity. | Tax incentive |
Of or relating to the central government or a federation as distinguished from the governments of the constituent units. | Federal |
To make possible, practical, or easy. | Enables |
Something that stands for or suggest something else by reason of relationship, association, conventions, or accidental resemblence. | Symbol |
Enrolled formally | Registered |
Something that incites or has a tendency to incite to determination or action. | Incentives |
The state of doing well, especially in respect to good fortune, happiness, well-being, or prosperity. | Welfare |
To make sure, certain, or safe. | Ensure |
To apportion for a special purpose or to particular persons or things. | Allocate |
Items provided by government and paid for using tax money. | Public Goods and Services |
Items that consumers purchase directly from businesses. | Private goods and services |
A government expense that is provided to help people. | Transfer payment |