The primary purpose of deregulation is to
A)decrease competition in the affected industries.
B)remove certain industries from old-line economic regulations.
C)protect the natural envirornnent.
D)allow natural monopolies to form.

Question

Quizplus · Accepted Answer

The primary purpose of deregulation is to remove certain industries from old-line economic regulations. This allows these industries to operate with more freedom and less government intervention, which can lead to greater innovation, competition, and efficiency. It is not intended to decrease competition or protect the natural environment, and while it may allow natural monopolies to form, this is not its primary goal.

The Primary Purpose of Deregulation Is to