Which of the following was a direct consequence of neoliberalism?
A) low unemployment rates
B) high unemployment rates
C) dictatorships
D) high tariffs

Question

Quizplus · Accepted Answer

Neoliberal policies, emphasizing deregulation, privatization, and reduced government intervention in the economy, often led to increased competition and corporate restructuring. This sometimes resulted in layoffs and higher unemployment rates, especially in industries that were previously protected or heavily regulated.

Which of the Following Was a Direct Consequence of Neoliberalism