Moral Hazard recklessness when people and governments do not have to face the full consequences of their actions?

1-2 paragraphs each

Discussion Question: What do you think about the statement in the text that notes, “Moral Hazard recklessness when people and governments do not have to face the full consequences of their actions” (Page 29)?

– Based on your reading Private Ownership Versus State Ownership p. 28 in Global 3 textbook, research and debate with your fellow peers your opinions of the subject.

– Discuss the pros and cons of private versus state owned business.