Discuss the recent economic crisis and recession. What happened, and why? Should the government take any steps to prevent this from happening again? If so, what steps? If not, why not?
What will be an ideal response?
An ideal response will:
1, Outline the factors that contributed to the recent financial collapse, including the housing bubble and the investment crisis.
2, Illustrate how these two factors created negative externalities, slowdowns in construction, and losses of jobs that sparked a domino effect that rippled throughout the U.S. economy.
3, Connect how the efforts to deregulate certain sectors of the financial industry, specifically investment banking, created conditions under which banks took higher risks.
4, Lay out a specific course of action that would minimize these effects in the future, including efforts to reregulate the financial and housing sectors, or alternately argue why government should not guarantee against risk.
5, Provide a clear and concise conclusion.
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The Seneca Falls Declaration is similar in tone and language to which important political treatise?
a. Leviathan b. On Liberty c. the Declaration of Independence d. the U.S. Constitution