QUESTION IMAGE
Question
a(n)______is an example of a public utility. *
professional baseball team
fire department
insurance company
electric company
government attempts to prevent monopolies with______.*
free - trade zones
antitrust laws
right - to - work laws
enterprise zones
the single largest employer in the u.s. economy is______.*
microsoft
general motors
state, local, and federal government
mcdonalds
Brief Explanations
- First Question: A public utility is an organization that maintains the infrastructure for a public service. An electric company provides electricity, a vital public service. A professional baseball team is a sports entity, a fire department is a public - safety service (not typically considered a utility in the economic sense of providing a service like electricity, water, etc. in a commercial - utility model), and an insurance company is a financial service.
- Second Question: Antitrust laws are specifically designed to prevent monopolies, promote competition. Free - trade zones are areas for trade facilitation, right - to - work laws relate to labor union membership, and enterprise zones are for economic development in certain areas.
- Third Question: The state, local, and federal government employ a large number of people in various sectors like education (teachers in public schools), healthcare (in public hospitals), defense, etc. Microsoft, General Motors, and McDonald's, while large employers, do not have the same scale of employment as the government in the U.S. economy.
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