Asked by Syntish Masson on May 11, 2024
Verified
The effects of deregulation on the economy under the Carter and Reagan administrations have been beneficial in all of the following industries except
A) long-distance trucking.
B) banking.
C) airlines.
D) long-distance phone calling.
Deregulation
Refers to the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.
Carter And Reagan Administrations
The presidential terms of Jimmy Carter (1977-1981) and Ronald Reagan (1981-1989), notable for distinct economic and foreign policies.
Banking
The business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.
- Evaluate the implications of deregulation for a range of industries and for consumer prices.
Verified Answer
Learning Objectives
- Evaluate the implications of deregulation for a range of industries and for consumer prices.
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