Question

Relaxing or removing government regulations that restrict the activities of firms in some or all industries is called deregulation.

Question 18 options:
True
False

Answer 1

Relaxing or removing government regulations that restrict the activities of firms in some or all industries is called deregulation.- True

Answer 2

The correct answer is True.

Step-by-step explanation:

Deregulation refers to the relaxation or definitive elimination of regulatory restrictions on companies or individuals.

Deregulation has been equated with the promotion of competition, market approaches to pricing, output, and other related economic decisions.

Have a nice day!