answersLogoWhite

0

What does deregulate mean?

Updated: 9/19/2023
User Avatar

Wiki User

13y ago

Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What does deregulate mean?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

When did Reagan deregulate price controls on oil?

In February, 1981 Reagan decontrolled oil prices.


What does 'pity for you' mean?

What does 'pity for you' mean?


What does usd mean in currency mean?

Oil.


What does overall supply mean?

In math what does supply mean?


Is globalization a good or a bad thing?

Governments are told to follow two paths. First, deregulate and privatise. This has been pursued in over 90 countries through structural adjustment policies of the World Bank and International Monetary Fund. The bitter legacy is growing poverty in all regions of the developing world, except China. Second, leave business to regulate itself. Corporations have promised to adopt voluntary ethical standards in response to growing public concern over social and environmental damage. But these have often been a public relations exercise to deflect criticism and the few companies that are implementing these standards compete at a disadvantage to the majority of companies that don't. Governments are told to follow two paths. First, deregulate and privatise. This has been pursued in over 90 countries through structural adjustment policies of the World Bank and International Monetary Fund. The bitter legacy is growing poverty in all regions of the developing world, except China. Second, leave business to regulate itself. Corporations have promised to adopt voluntary ethical standards in response to growing public concern over social and environmental damage. But these have often been a public relations exercise to deflect criticism and the few companies that are implementing these standards compete at a disadvantage to the majority of companies that don't.