questions with accurate answers
Anti-Trust Laws Ans✓✓✓ promote fair trade and competition among
businesses
Civil laws Ans✓✓✓ defines conduct between individuals in situations
such as contracts and property
Clayton Anti-trust Act Ans✓✓✓ act that prevents the formation of
monopolies that will reduce competition
collusion Ans✓✓✓ occurs when two or more businesses work together
to remove their competition, set prices, and control distribution
commerce Ans✓✓✓ activities involved in the buying and selling goods
on a large scale
criminal laws Ans✓✓✓ defines conduct that threatens public safety and
outlines punishments
Externalities Ans✓✓✓ activities that affect people but are not directly
connected to the economic activity
Federal Reserve System Ans✓✓✓ central bank of the united states