Discuss the below:
1: After viewing The Crisis of Credit Visualized video, answer to each of the following:
o How could government regulations have prevented or mitigated the credit crisis of 2008?
o Discuss whether too much governmental regulation of business or too little governmental regulation of business presents the greater danger to:
the greater good
business
2: 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 par¬ticular. What role do you believe government regulation should play to ensure ethical conduct by businesses? How do different political viewpoints potentially shape the answer to this question?