Senior Honors Theses

Publication Date

5-2-2009

School

School of Business

Major

Business: Economics; Business: Finance; Business: Marketing

Primary Subject Area

Business Administration, Banking; Business Administration, General; Business Administration, Marketing; Economics, General

Keywords

Free-markets, Government regulation, Business, Finance, Laissez-faire, Intervention, Economy, Economics, United States, Interference

Abstract

What should the role of government be in regulating the economy? Through this paper the reader will gain an understanding of the impact of government intervention, when intervention is justified, and what happens when the government over regulates. The research will also reveal some major similarities between today’s economic downturn and the financial debacle of the Great Depression. Finally, analysis will show that, as a result of this unnecessary government intervention, that there is a crisis that is not solely American, but one that has become a major contributor to the global downturn.

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