Standard 4 Economics Project
By: Ryan Jobman
How does the United States Government promote and secure competition in a market economy?
How does the United States Government promote equity in a market economy?
How does the United States Government resolve externalities and other market failures in a market economy?
How does the United States Government use regulations and deregulation policies to affect consumers and producers in a market economy?
The government regulates and controls private enterprise in many ways in order to ensure that business serves to the best interest of the people of America. Normally considered necessary when a business has a monopoly on a part of the economy. This regulating allows businesses to make a nice profit without raising prices to an unfair height. By doing so the government is protecting other small businesses and the consumers of America.