The policy of reducing or eliminating regulatory restraints on the conduct of individuals or private institutions is called

Question

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Deregulation refers to the policy of reducing or eliminating regulatory restraints, which allows greater freedom and flexibility in the conduct of individuals or private institutions. Downsizing refers to reducing the size of an organization, privatizing refers to transferring ownership and control of government-owned assets to the private sector, devolution refers to the transfer of power or authority from the central government to local or regional governments, and reorganizing refers to restructuring an organization in order to improve its efficiency or effectiveness.

The Policy of Reducing or Eliminating Regulatory Restraints on the Conduct