Government protection

Essential Question:

Which services provided by the government protect businesses,

individuals, and workers while they are conducting business?

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How are workers protected in their work environments by the government?

Worker’s protection provides safe work condition for employees.

The government enforces minimum standards for buildings, machines, and chemicals.

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A contract is an agreement usually between two parties to exchange goods or services for something of value, usually money.

What are the elements of a contract?Agreement

Competent parties

Consideration

Legality

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The government enforces contracts between businesses and individuals by ensuring agreed upon work and the exchange of money or other means are completed.

Examples of when contracts are used:Buying an automobile

Leasing a building

Buying inventory

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Intellectual property protected by the government are:

Copyrightsprotect the creative works of artists, authors, and composers. In the United States, originators are protected during their lifetime plus 70 years to publish and exhibit their works.

Patentsprovide originators the exclusive right to make, use, or sell the item for 17 years.

Trademarksprotect registered words, letters, or symbols connected with a company or product. 5

What is an example of each intellectual property?

Copyright: Published poem titled Still I Rise by poet Dr. Maya Angelou

Author of a book

Patents: Nike’s production of the footwear

Cosmetic company’s process for producing lipstick

Trademarks: Starbucks symbol found on coffee cups

Logo of a soft drink