Recent Events Have Convinced Many That Reforms Are Needed in the Financial

question 65

Essay

Recent events have convinced many that reforms are needed in the financial system to discourage speculation, in which people seek to make money by merely buying and selling pre-existing things, rather than by making new or better or, at least, more things. Describe how speculation might have macroeconomic consequences that justify government prohibition or regulation .

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Definitions:

Female Reproductive Organs

The organs involved in producing eggs, providing a site for fertilization and fetal development, and giving birth, including the ovaries, fallopian tubes, uterus, and vagina.

Prostate Gland

A gland in the male reproductive system that secretes a fluid that nourishes and protects sperm, part of the seminal fluid.

Uterine Horns

The points where the uterus and the fallopian tubes meet in some animals, such as cats and dogs; not present in humans who have a single uterine body.

Ovaries

Female reproductive organs in vertebrates that produce eggs and hormones, including estrogen and progesterone.