Bailouts for financial giants in the United States deemed "too big to fail" are illustrative of the fact that __________.

Question

Quizplus · Accepted Answer

The bailouts of "too big to fail" financial giants demonstrate that even laissez-faire systems adopt other elements, such as government intervention and regulation, in times of crisis. This contradicts the idea that free markets can always take care of themselves without government interference. It does not necessarily suggest that the government exerts too much control over the economy, nor does it definitively support state capitalism as the most preferred method for stable development.

Bailouts for Financial Giants in the United States Deemed "Too