Many countries have ________ industries to create greater competition and growth opportunities.

Question

Quizplus · Accepted Answer

Deregulated industries refer to those where government regulations and controls have been eased, allowing more competition and growth opportunities. This allows more players to enter the market and compete on price, quality, and innovation, thereby promoting economic growth. Open-market industries also allow for greater competition and growth opportunities, but this term is not as specific to government regulation as deregulated is. Regulated industries, on the other hand, have heavy government controls that limit competition and growth opportunities, while scientifically segmented and created mass market industries are not relevant to the context of the question.

Many Countries Have ________ Industries to Create Greater Competition and Growth