AFM131 Lecture Notes - Lecture 2: Friedrich Hayek, John Maynard Keynes, Money Supply

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM131
• Professor: David H A

Document Summary

Companies have to: obtain your consent, provide identification, provide an unsubscribe mechanism. Difficult to enforce for spammers outside canada. 6 categories of government effects on business: crown corporations, laws and regulations, tax and financial policies, government expenditures, purchasing policies, services. Federal government given power to regulate trade and commerce. Imposed high tariffs, specifically on manufactured goods from the us. Tried to encourage east to west trade. Built a railway system to connect the country. Lead to the mixed economy we have today. Where both businesses and all levels of government play a role in contributing to the economy. Companies owned by the federal or provincial government. Selection of products and hours of operations. Each level of government has their own unique set of responsibilities. Created by politicians who have been elected. Political parties in power can greatly affect the business environment. Withdrawal of laws and regulations that hinder competition.