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Sieyeta Pope

Chapter 2-3 Quiz

QuestionAnswer
In a mixed-market economy, what is a key purpose of government regulation? To protect consumers and ensure a fair and balanced marketplace by preventing monopolies, protecting public health and safety, and upholding constitutional rights.
Which situation would most likely require government regulation? When a business operates in a way that causes harm or has a significant negative impact on the public, such as factory forcing employees to work in unsafe conditions or a monopoly company raising prices unfairly.
Who is responsible for creating administrative regulations at the federal level? Federal administrative regulations are created by federal agencies in the executive branch, which are delegated authority by Congress to write and enforce rules that have the force of law.
What is the primary source of authority for administrative agencies to create regulations? Congress, through the delegation of power in "enabling statutes".
What are two official publications for federal regulations? The Federal Register and the Code of Federal Regulations.
What describes the purpose of the Civil Rights Act of 1964? To prohibit discrimination in public places and job discrimination based on race, color, religion, sex, or national origin.
Which branch of the U.S. government is responsible for making all federal laws, declaring war, and regulating interstate and foreign commerce? Legislative Branch
What are the government regulation? Protect public interest.
Created by: user-2008046
 

 



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