Discussion W3

I need 3 paragraphs for each discussion which is a total of 6 paragraphs. Please keep both separate and address each question.  Please make sure you check grammar and punctuation errors, as well as quoting and using proper in text citations. 

Discussion 1 Regulation and the Greater Good

After viewing The Crisis of Credit Visualized (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:

o the greater good

o business

Discussion 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?