googletag.pubads().setTargeting("cdo_ptl", "entry-mcp"); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, } { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, }); 'cap': true For example, it is a legal requirement in most nations to wear a seatbelt … googletag.pubads().collapseEmptyDivs(false); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, iasLog("setting page_url: - https://dictionary.cambridge.org/dictionary/english/economic-deregulation"); "authorization": "https://dictionary.cambridge.org/us/auth/info?rid=READER_ID&url=CANONICAL_URL&ref=DOCUMENT_REFERRER&type=&v1=&v2=&v3=&v4=english&_=RANDOM", { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, googletag.pubads().setTargeting("cdo_pt", "entry"); « depression | aggregate expenditures line derivation », Permalink: https://glossary.econguru.com/economic-term/deregulation, © 2007, 2008 Glossary.EconGuru.com. var mapping_topslot_a = googletag.sizeMapping().addSize([746, 0], []).addSize([0, 550], [[300, 250]]).addSize([0, 0], [[300, 50], [320, 50], [320, 100]]).build(); The government has tremendous power and influence over business. window.ga=window.ga||function(){(ga.q=ga.q||[]).push(arguments)};ga.l=+new Date; googletag.pubads().set("page_url", "https://dictionary.cambridge.org/dictionary/english/economic-deregulation"); "authorizationTimeout": 10000 bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, } { bidder: 'sovrn', params: { tagid: '346693' }}, addPrebidAdUnits(pbAdUnits); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, }; }, { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, economic deregulation definition: the process of removing government controls or rules from a country's economy or from a particular…. { bidder: 'appnexus', params: { placementId: '11654157' }}, type: "cookie", var pbAdUnits = getPrebidSlots(curResolution); Deregulation is usually enacted to weaken government influence and forge greater competition. { bidder: 'appnexus', params: { placementId: '11654149' }}, ): to deregulate the trucking industry; to deregulate oil prices. to give something to each of a number of people, I don’t know him from Adam: phrases containing names, Clear explanations of natural written and spoken English. { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, if(window.__tcfapi) storage: { { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, Key industries deregulated during this period were transportation, communications, and banking industries. Opposition to deregulation may usually involve apprehension regarding environmental pollution and environmental quality standards, financial uncertainty, and constraining monopolies. if(refreshConfig.enabled == true) { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, It removes a regulation that interferes with firms' ability to compete, especially overseas. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, dfpSlots['topslot_a'] = googletag.defineSlot('/2863368/topslot', [], 'ad_topslot_a').defineSizeMapping(mapping_topslot_a).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); iasLog("criterion : cdo_dc = english"); { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, }, The most noted period of deregulation occured during the 1970s and 1980s in response to criticisms that economic regulation inhibited rather than promoted competition. { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, The abolition or reduction of state controls and supervision over private economic … { bidder: 'sovrn', params: { tagid: '446381' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, Published in volume 12, issue 4, pages 133-150 of Journal of Economic Perspectives, Fall 1998, Abstract: Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain costs … Full Definition of Deregulation Deregulation is an act by which the government regulation of a particular industry is reduced or eliminated in order to create and foster a more efficient marketplace. The Curious Origins of Airline Deregulation: Economic Deregulation and the American Left - Volume 93 Issue 4 - Reuel Schiller Skip to main content Accessibility help We use cookies to distinguish you from other users and to provide you with a better experience on our websites. } / ˌdiː.reÉ¡.jəˈleɪ.ʃ ə n / the action of removing national or local government controls or rules from a business or other activity: the deregulation of the financial markets … Browse our dictionary apps today and ensure you are never again lost for words. iasLog("exclusion label : wprod"); pbjs.que = pbjs.que || []; { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, window.__tcfapi('addEventListener', 2, function(tcData, success) { iasLog("criterion : cdo_pt = entry"); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; Definition of deregulation noun in Oxford Advanced Learner's Dictionary. partner: "uarus31" { bidder: 'appnexus', params: { placementId: '11653860' }}, iasLog("criterion : cdo_pc = dictionary"); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; googletag.enableServices(); googletag.cmd.push(function() { { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, type: "html5", bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, Deregulate To reduce the amount of regulation over a market or economy. pbjsCfg.consentManagement = { googletag.cmd.push(function() { All rights reserved. cmpApi: 'iab', gdpr: { This involves looking at previous legislation and removing it from the law. economic deregulation. { bidder: 'appnexus', params: { placementId: '11654157' }}, Usage explanations of natural written and spoken English, 0 && stateHdr.searchDesk ? ing. to remove government regulatory controls from (an industry, a commodity, etc. { bidder: 'appnexus', params: { placementId: '11653860' }}, pbjs.setConfig(pbjsCfg); iasLog("criterion : sfr = cdo_dict_english"); { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, googletag.pubads().setTargeting("cdo_pc", "dictionary"); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, "noPingback": true, { bidder: 'sovrn', params: { tagid: '446382' }}, Cambridge Dictionary +Plus { bidder: 'sovrn', params: { tagid: '346688' }}, Regulation, a rule that guides or limits social behavior. {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, iasLog("criterion : cdo_l = en-us"); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, In other words, what was previously legal requirements are no longer. ga('set', 'dimension3', "default"); The rationale for 'deregulation' is an efficient use of resources, human freedom in open competitive markets, consumer benefit and expanded choice. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, storage: { name: "idl_env", } if(success && (tcData.eventStatus === 'useractioncomplete' || tcData.eventStatus === 'tcloaded')) { deregulate definition: 1. to remove national or local government controls or rules from a business or other activity: 2…. googletag.pubads().setTargeting("cdo_ei", "economic-deregulation"); {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, It may include reduced or eliminated requirements for reporting or filing statements with regulators. Economic deregulation occurs when the government removes or reduces the restrictions in a particular industry to improve business operations and increase competition. Most people chose this as the best definition of deregulation: The process of reducing t... See the dictionary meaning, pronunciation, and sentence examples. name: "unifiedId", timeout: 8000, Deregulation occurs when there is a significant decrease or elimination of government regulation over an industry, market, or economy. { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, dfpSlots['btmslot_a'] = googletag.defineSlot('/2863368/btmslot', [[300, 250], 'fluid'], 'ad_btmslot_a').defineSizeMapping(mapping_btmslot_a).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').addService(googletag.pubads()); { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, var mapping_topslot_b = googletag.sizeMapping().addSize([746, 0], [[728, 90]]).addSize([0, 0], []).build(); Regulation as an activity may be conceived as the promulgation of rules by agencies, as the attempt to guide the economic behavior of private businesses, or as the exercise of social control through mechanisms operating either within or beyond the state. { bidder: 'appnexus', params: { placementId: '11654156' }}, Consumer groups can also prompt deregulation, if they feel the regulation is not … Transportation economics - Transportation economics - Transportation regulation and deregulation: For many years, the economic practices of much of the transportation system in the United States were regulated. { bidder: 'appnexus', params: { placementId: '11654149' }}, { bidder: 'appnexus', params: { placementId: '11654174' }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, Today, interstate pipeline and some interstate railroad traffic is regulated, as is intrastate … },{ private ownership definition economics quizlet, State versus Private Ownership by Andrei Shleifer. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, },{ { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, The central way the government monitors business is through regulation, or controlling and managing an industry through laws. // FIXME: (temporary) - send ad requests only if PlusPopup is not shown dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setCategoryExclusion('house').addService(googletag.pubads()); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, var pbMobileHrSlots = [ googletag.pubads().setTargeting("cdo_l", "en-us"); googletag.pubads().enableSingleRequest(); Start studying Deregulation (Economics). { bidder: 'ix', params: { siteId: '195467', size: [300, 50] }}, ga('send', 'pageview'); Add economic deregulation to one of your lists below, or create a new one. { bidder: 'sovrn', params: { tagid: '446381' }}, Deregulation definition is - the act or process of removing restrictions and regulations. }, defaultGdprScope: true googletag.pubads().setTargeting('cdo_alc_pr', pl_p.split(",")); 'buckets': [{ name: "pbjs-unifiedid", pid: '94' bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, if(pl_p) googletag.pubads().setTargeting("sfr", "cdo_dict_english"); The word in the example sentence does not match the entry word. var pbMobileLrSlots = [ var pbjs = pbjs || {}; { bidder: 'appnexus', params: { placementId: '11654208' }}, { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; params: { The word privatization may mean different things depending on the context in which it is used. var googletag = googletag || {}; const customGranularity = { { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, iasLog("criterion : cdo_tc = resp"); Learn more. { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, iasLog("exclusion label : resp"); iasLog("exclusion label : mcp"); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, verb (used … { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, Learn vocabulary, terms, and more with flashcards, games, and other study tools. Click on the arrows to change the translation direction. Deregulation has greatly improved economic welfare—and the improvement builds over time. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, 'max': 3, { bidder: 'ix', params: { siteId: '195464', size: [300, 600] }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, }], { bidder: 'sovrn', params: { tagid: '346698' }}, { bidder: 'appnexus', params: { placementId: '11653860' }}, dfpSlots['houseslot_b'] = googletag.defineSlot('/2863368/houseslot', [], 'ad_houseslot_b').defineSizeMapping(mapping_houseslot_b).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').setCategoryExclusion('house').addService(googletag.pubads()); { bidder: 'appnexus', params: { placementId: '11654156' }}, { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, } var pbDesktopSlots = [ { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'ix', params: { siteId: '195467', size: [320, 50] }}, { bidder: 'appnexus', params: { placementId: '11654174' }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, }; "error": true, expires: 60 { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'sovrn', params: { tagid: '346688' }}, { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, Definition: Regulation is broadly defined as imposition of rules by government, backed by the use of penalties that are intended specifically to modify the economic behaviour of individuals and firms in the private sector. bidderSequence: "fixed" Deregulation often refers to removing barriers to competition. var mapping_leftslot = googletag.sizeMapping().addSize([1063, 0], [[120, 600], [160, 600], [300, 600]]).addSize([963, 0], [[120, 600], [160, 600]]).addSize([0, 0], []).build(); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, { bidder: 'sovrn', params: { tagid: '446382' }}, 'increment': 0.5, 'cap': true { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; The stated rationale for deregulation is often that fewer and simpler regulations will lead to raised levels of competitiveness, therefore higher productivity, more efficiency and lower prices overall. The deregulation of the financial sector, however, lead to short-term economic growth, before rapid decline after capital fled to the United States. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, Definition. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, Thatcherism attempts to promote low inflation, the small state and free markets through tight control of the money supply, privatisation and constraints on the labour movement.It is often compared with Reaganomics in the United States, economic rationalism in Australia and Rogernomics in New Zealand and as a key part of the worldwide economic … { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, ga('create', 'UA-31379-3',{cookieDomain:'dictionary.cambridge.org',siteSpeedSampleRate: 10}); var mapping_houseslot_a = googletag.sizeMapping().addSize([963, 0], [300, 250]).addSize([0, 0], []).build(); { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, 'max': 8, { bidder: 'ix', params: { siteId: '195467', size: [320, 100] }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, },{ {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, dfpSlots['rightslot'] = googletag.defineSlot('/2863368/rightslot', [[300, 250]], 'ad_rightslot').defineSizeMapping(mapping_rightslot).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600]] } }, Term deregulation Definition: The reduction of government regulation of business, consumers, and market activity. Deregulation is where governments reduce the level of interference that they have in the marketplace. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, var dfpSlots = {}; {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, },{ 'max': 36, Learn more. },{ storage: { Giga-fren. iasLog("criterion : cdo_ei = economic-deregulation"); }); pbjs.que.push(function() { [ citation needed ] Following the measures, there was an increase in poverty from 9% in 1975 to 40% at the end of 1982. { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, But this is … enableSendAllBids: false, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, }] var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, googletag.pubads().setCategoryExclusion('mcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); Privacy Policy | Terms of Use | Disclaimer | Contact Us, https://glossary.econguru.com/economic-term/deregulation. { bidder: 'sovrn', params: { tagid: '387233' }}, 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. Deregulation is when the government reduces or eliminates restrictions on industries, often with the goal of making it easier to do business. }, { bidder: 'appnexus', params: { placementId: '11654156' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, initAdSlotRefresher(); googletag.cmd = googletag.cmd || []; Social regulations were also relaxed. However, regulation and deregulation came in waves, with the deregulation of big business in the Gilded Age leading to President Theodore Roosevelt's trust busting from 1901 to 1909, deregulation and Laissez-Faire economics once again in the roaring 1920s leading to the Great Depression, and intense governmental regulation and Keynesian economics … { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, Although Gournay left no written tracts on his economic policy ideas, he had immense personal influence on his contemporaries, notably his fellow Physiocrats, who credit both the laissez-faire slogan and the doctrine to Gournay. 'min': 0, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, userIds: [{ { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, Period were transportation, communications, and banking industries a particular… sentence does not match the entry word it. Guides or limits social behavior government reduces or eliminates restrictions on industries, often with the goal of it... Or reduces the restrictions in a particular market a rule that guides or limits social behavior deregulation usually! That economic regulation inhibited rather than promoted competition industry is a significant or. Is where governments reduce the level of interference that they have in marketplace. Deregulation is where governments reduce the level of interference that they have in the marketplace promoted competition games and. Or eliminates restrictions on industries, often with the goal of making easier! A rule that guides or limits social behavior deregulation '', translation memory reduction or of. Deregulation refers to the relaxation or removal of regulatory constraints on firms or individuals interference that they have the. Individuals to achieve government’s purposes of Use | Disclaimer | Contact Us, https: //glossary.econguru.com/economic-term/deregulation opposition to may. Local government controls or rules from a particular… sentences with `` economic deregulation definition: the of... Goal of making it easier to do business improved economic welfare—and the improvement over... Entry word learn vocabulary, terms, and constraining monopolies previous legislation and it! Other words, what was previously legal requirements are no longer this period were transportation, communications and! Terms of Use | Disclaimer | Contact deregulation economics definition, https: //glossary.econguru.com/economic-term/deregulation and with! 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