The deregulation of an economy involves
A) increasing restrictions on direct investment by foreign enterprises and international trade.
B) privatizing state-owned enterprises.
C) exercising a high degree of state control over production and pricing.
D) abolishing laws related to the protection of property rights.
E) opposing democracy by adopting communism.

Question

Quizplus · Accepted Answer

Deregulation involves reducing government control and interference in the economy, which includes privatizing state-owned enterprises to encourage competition and efficiency.

The Deregulation of an Economy Involves