WK 3 DQs

WK 3 – DQ 1

Regulation and the   Greater Good

After viewing The Crisis of Credit Visualized (Links to an external site.)Links to an external site. video, respond to each of the following:

  • How could government regulations have prevented or mitigated the credit crisis of 2008?
  • Discuss whether too much governmental regulation of business or too little governmental regulation of business presents the greater danger to: 
    • the greater good
    • business

WK 3 – DQ 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. 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?