ARBUS101 Lecture Notes - Lecture 5: Maple Leaf Foods, Consumer Protection, Xl Foods
4 Apr 2017
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Government expenditures: will spend money to affect policy issues that is deemed to be essential in society. Companies owned by the federal or provincial government. Each level of government has their own unique set of responsibilities. Political parties in power can greatly affect the business environment. Deregulation withdrawal of laws and regulations that hinder competition. Independent law enforcement agency that ensures a competitive and innovative marketplace: price fixing. Consumer protection laws (i. e. , food and drugs act) Food safety problems and their treatment: then and now. What was health canada"s view on red bull and their responsibility to the consumer? http://canmedia. mcgrawhill. ca/college/olcsupport/nickels/8e/videos/vidplayer. php? vid=mhr4. Provincial governments are responsible for the following areas: Set up by provincial legislatures roughly 4,000 municipal governments across canada. John maynard keynes vs. friedrich hayek: keynes" model: top down approach. We can"t just wait for the market: hayek"s: bottom up approach. Don"t need a series of bubbles (result of government intervention)
