Deregulation refers to the reduction of government controls on businesses. It does not necessarily involve sub-contracting with private businesses or transfer of public ownership of assets to the private sector, although those actions may be part of a broader economic reform program.

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Deregulation Is When

Question 40

Multiple Choice

Deregulation is when

A) the government sub-contracts with private businesses.
B) reduces the amount of government controls on business.
C) there is a transfer of public ownership of assets to the private sector.
D) All of the above.

Correct Answer: