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How can we restore trust in the free-market system and in leaders in general?

a. institute a more bureaucratic banking system.
b. punish those who have broken the law.
c. make all executive salaries and financial perks transparent.
d. legislate ethics and ethical behavior.

1 Answer

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Final answer:

To restore trust in the free-market system and in leaders, strategies such as implementing a bureaucratic banking system, punishing lawbreakers, enhancing transparency in executive salaries, and legislating ethics can be effective.

Step-by-step explanation:

In order to restore trust in the free-market system and in leaders in general, there are several strategies that can be implemented:

  1. Institute a more bureaucratic banking system: This can help increase accountability and transparency in financial transactions, making it harder for corruption or unfair practices to occur.
  2. Punish those who have broken the law: Holding individuals accountable for their actions can help restore trust in the system. This can be achieved through effective law enforcement and judicial processes.
  3. Make all executive salaries and financial perks transparent: By making this information accessible to the public, it becomes easier to identify any potential conflicts of interest or unethical behavior.
  4. Legislate ethics and ethical behavior: Implementing laws and regulations that promote ethical conduct can help prevent abuses of power and restore faith in leaders.

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