BM II GOV. BUSINESS STUDY GUIDE
Which of the following was one of government's original roles in business:
Acting as a referee
One way in which government protects private property is to provide
Patents or copyrights
Government is involved in settling business disagreements through the use of
Courts
Why does government set and collect taxes
To help pay the expenses of governemnt
One of the reasons that has caused government's role in business to expand is that
People's attitudes have changed
What is the governments purpose in regulation of business activities that might cause all of water pollution
To conserve the environment
Determine whether the following statement is true or false; Government has become an active participant in the world of business.
True; Government produces goods and services
The goals of government are to protect the rights of individuals and businesses and to provide a stable environment, but the main goal of a business is?
To make a profit
Which of the following is a public good provided by the government
Interstate Highways