#47 GOVERNMENT REGULATION: CRASH COURSE GOVERNMENT AND POLITICS

What is one of the main goals of economic policy?

• Promoting stable markets

• Increasing taxes

• Reducing population

• Building more schools

How does the government promote economic prosperity?

• By regulating financial markets

• By closing all banks

• By stopping all investments

• By increasing inflation

What is one way the government promotes business development?

• By closing all factories

• By increasing taxes on small businesses

• By banning all imports

• Through tariffs and subsidies

What does the Occupational Safety and Health Administration do?

• Sets regulations to protect workers

• Closes all unsafe factories

• Bans all hazardous materials

• Increases taxes on businesses

What was a significant change in government regulation during the early 1970s?

• Closure of all railroads

• Increase in tariffs

• Abolishment of all regulations

• Creation of the EPA