Sunday, November 8, 2020

Month 3 week 3: Federal Regulatory Agencies, due 11/13/2020

 Federal Regulatory Agencies:

AGENCIESFOUND 435                

The government has created a number of federal regulatory agencies to oversee the economy. The government's involvement in our economy has created a modified free enterprise system. The agencies are intended to protect and regulate industries and consumers. Some of the agencies you maybe familiar with are:

  • FDA - Food and Drug Administration
  • NLRB- National Labor Relations Board
  • EPA - Environmental Protection Agency
  • FAA -  Federal Aviation Administration
  • FDIC -Federal Deposit Insurance Corporation
Directions: Watch the following video: FDIC   and visit the following website: FDA and answer the following questions. Post your answers.

1. If you open a savings account in a bank that indicates deposits are FDIC insured, what protection does that give you?

2. If you purchase uncooked meat at the grocery store what government agency will oversee monitor the quality and safe handling of the product?

3. Which Agency oversees the safety and procedures of the airline industry?

4. Select a Federal Agency that interests you. Tell us about the agency include the name, the purpose, and how the agency benefits American society.