Final answer:
The goal of market fundamentalism was to reduce government economic controls on market activities, deregulate the financial sector, and get government spending under control.
Step-by-step explanation:
A principal goal of market fundamentalism was to deregulate the banking and financial sector, reduce government economic controls on market activities, and lessen protectionist policies. Advocates for market fundamentalism believe that such actions are necessary for a thriving economy, as they align with the ideas of economists like Friedrich Hayek, who posited that a free market facilitates an efficient and rational allocation of resources based on supply and demand. This philosophy generally aims to deregulate market activities and reduce government size and intervention in the economic sector. Therefore, the answer to the student's question is to get government spending under control, as this aligns with the broader goals of market fundamentalism which include reducing governmental influence and allowing market forces to dictate economic outcomes.