The recent global financial crisis has led to governments seeking to impose more constraints on capitalism. seeking to eliminate constraints on capitalism. seeking to increase the interdependence of developing economies. seeking to eliminate the interdependence of developing economies.
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The recent global financial crisis has historically prompted a reevaluation of economic policies in many countries. Governments often turn to regulation as a means to bolster financial stability, foster transparency, and protect consumers. For example, after the 2008 crisis, the Dodd-Frank Act was implemented in the U.S. to rein in reckless banking practices and increase oversight. In the real world, these shifts in policy can drastically alter the landscape of business operations. For example, stronger regulations can lead to higher compliance costs for companies, but they can also enhance consumer trust and stabilize markets, creating a more resilient economy in the long run! So, while it may seem daunting, these changes can ultimately pave the way for sustainable growth.