Which of the following involves removing legal restrictions to the free play of markets,the establishment of private enterprises,and the manner in which private enterprises operate?
A)privatisation
B)simplification
C)deregulation
D)socialism

Question

Quizplus · Accepted Answer

Deregulation involves removing legal restrictions on the free play of markets, privatization refers to the transfer of ownership from public to private enterprises, and socialism involves collective ownership and control of the means of production. Simplification is a vague term that could refer to various efforts to streamline processes, but it does not necessarily involve removing legal restrictions or promoting private enterprise. Therefore, the best choice is C, deregulation.

Which of the Following Involves Removing Legal Restrictions to the Free