Part 1: Regulation and the Greater Good
After viewing The Crisis of Credit Visualized
video, respond to each of the following:
Ø How could government regulations have prevented or mitigated the credit crisis of 2008?
Ø Discuss whether too much governmental regulation of business or too little governmental regulation of business presents the greater danger to:
the greater good
Part 2: Administrative Law and Business
Some argue that government needs to increase its regulation of business for the good of society as a whole. Others believe that the marketplace is self-regulating and that government intervention through needless regulation places an unfair, costly burden on businesses in general and on small businesses in par­ticular.
Ø What role do you believe government regulation should play to ensure ethical conduct by businesses?
Ø How do different political viewpoints potentially shape the answer to this question?
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