Question

What is the proper role of government in times of economic crisis? Consider these questions as you think about your answer: Should the government do any of the following?
-Provide assistance to individuals
-Assist businesses that hire thousands of people
-Make new laws dealing with the causes of the crisis
-Let the markets rise and fall on their own

Answer 1

-Provide assistance to individuals

-Make new laws dealing with the causes of the crisis

-Assist businesses that hire thousands of people

In a situation of economic crisis, the government must take measures that minimize the impact of the crisis on the lives of citizens and should also seek plausible solutions to remedy the economic crisis.

In this way, the government can create specific emergency laws to remedy the crisis, but it can also provide assistance to the most vulnerable population that has been hit by the crisis.

In addition, the government must evaluate the financial health of the affected companies, since companies are essential for the economy and the generation of employment.

Answer 2

The proper role of government in times of the economic crisis should be to assist businesses that hire thousands of people and to make new laws.