Business Studies·Protecting employees, consumers & capital · NSSCO 5.3
Government protection of employees, consumers & capital providers
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In business life, the government does not stand aside. It steps in to protect the people who are most easily treated unfairly: the workers who need their wages, the shoppers who cannot test what they buy, and the savers who lend their money to businesses. In this final lesson we see how and why the government protects employees, how it protects people living with HIV and AIDS at work, how it and pressure groups protect consumers, and how it protects those who lend and provide capital. We weigh the good of this protection against its cost, and then we celebrate finishing the whole course.
What you'll learn in this lesson
By the end you should be able to (NSSCO Business Studies 5.3):
- Discuss how and why the government may protect the employee with reference to: working conditions, social security, employment contracts, health and safety, redundancy, minimum wages, unfair labour practices
- Advise how the government can protect people with HIV and AIDS at the workplace
- Evaluate government protection of employees in particular circumstances
- Discuss how the government and pressure groups may protect the interests of consumers
- Discuss why and how the government may intervene in protecting the interests of those who lend and provide capital
- Evaluate government protection of consumers and capital providers in particular circumstances
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Miss Maria and Mike talk through the whole topic — with the figure and working drawn live.