_____ enabled new companies to enter the industry and created competition in wages between union and nonunion sectors of the industries.
A) Accretion
B) Craft severance
C) Pattern bargaining
D) Deregulation

Question

Quizplus · Accepted Answer

Deregulation eliminated government restrictions on entry and exit from industries, allowing new companies to enter the market and compete with established ones. This increased competition resulted in pressure on wages, which affected both the union and nonunion sectors of the industry.

_____ Enabled New Companies to Enter the Industry and Created