The previous trend toward the removal of government restrictions on the freedom of the financial markets to trade and allocate resources is called:

Question

Quizplus · Accepted Answer

Deregulation refers to the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. In the context of financial markets, deregulation involves removing restrictions to allow for freer trade and allocation of resources.

The Previous Trend Toward the Removal of Government Restrictions on the Freedom