Thoroughly analyze how the corrective action helped to restore stability to the financial system for the chosen crisis and how it should prevent the recurrence of a similar crisis.)

 

For example, you could explicitly explore the regulations for the banking industry during and after the recovery, financial stress tests for banks, and the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Part 2 The Intervention Program of the Government: - Agriculture Support Programs in the UnitedStates

2. Externalities and Consequences (Thoroughly examined externalities and unintended consequences of the selected intervention)
4. Cost of Intervention (Thoroughly analyzed whether the cost of the intervention selected as a share of GDP or the number of participants had increased, decreased, or varied with the state of the economy, based on the cost trend (or the number of participants) since its inception or since 2000.)
6. Economists' Opinions (Thoroughly analyzed credible economists' opinions on the success or failure of the intervention chosen in achieving its objectives from a creative and innovative perspective.)

For Example, Discuss thetotal cost of the programs from data you could retrieve from the USDA website.You could explicitly name a few economists and share their opinions on the success or the failure of the selected government intervention in achieving its objectives. In addition, you could put more emphasis on the negative externalities of this government intervention. For example, you could mention that agricultural subsidies harm the US trade relations with its partners, such as Brazil. In addition, large agri-businesses benefit from them more than small farmers.

References:-

• https://www.congress.gov/bill/111th-congress/house-bill/1/text
• https://projects.propublica.org/bailout/
• https://www.congress.gov/110/plaws/publ343/PLAW-110publ343.pdf
• https://fred.stlouisfed.org/
• https://www.govinfo.gov/content/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf
• https://www.federalreservehistory.org/essays/great_recession_and_its_aftermath
• https://www.congress.gov/bill/111th-congress/house-bill/1/text
• https://www.congress.gov/bill/111th-congress/house-bill/1/text
• https://projects.propublica.org/bailout/
• https://www.bea.gov/
• https://www.congress.gov/110/plaws/publ343/PLAW-110publ343.pdf
• https://www.frbsf.org/
• https://fred.stlouisfed.org/
• https://www.govinfo.gov/content/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf
• https://www.oecd.org/
• https://www.bls.gov/bls/industry.htm
• https://www.census.gov/