Title: Demonstrate knowledge of the role of government in a market economy.
Course: Economics and Personal Finance (19262-I) > Section: Demonstrating Knowledge of a Nation's Economic Goals

Demonstration should include

- identifying goods and services provided by government to benefit society
- identifying the role the government plays in providing a legal structure to protect property rights and enforce contracts
- providing examples of government regulation of the market
- clarifying how governments redistribute wealth
- explaining that taxes and fees fund all government-provided goods and services
- identifying how the antitrust laws protect consumers by regulating the conduct and organization of businesses.