200-250 word each1. How could government regulations have prevented ormitigated the credit crisis of 2008?2. Discuss whether too much governmental regulation of business or too little governmental regulation of business presents the greater danger to: a. the greater good b. businessQSome argue that government needs to increase its regulationof business for the good of society as a whole while others believe that themarketplace is self-regulating and that government intervention throughneedless regulation places an unfair costly burden on businesses in generaland on small businesses in particular. What role do you believe governmentregulation should play to ensure ethical conduct by businesses? How dodifferent political viewpoints potentially shape the answer to this question?