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Government as Regula

11.1 Madi Gordon

QuestionAnswer
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
Created by: madilyn_gordon