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Q: What happens to an industry when the government deregulates it?
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When the government deregulates a product or service what happens to it?

Some government regulations over the industry are eliminated.


When a government deregulates a product or service what happens to it?

Some government regulations over the industry are eliminated


What happen If the government deregulates the airline industry?

less


What happens with government deregulation of a product?

When a government deregulates a product thereÊare fewer, simpler regulationsÊfor companies bringing products to market, so it allows more competition and therefore lower priced products.


Which industry does the venezuelan government own?

Oil industry


What was the first industry to be regulated by the government?

In the United States, the first industry to be regulated by the government was the railroad industry. This was done through the Interstate Commerce Act of 1887.


Which type of industry is the Indian government attempting to reform?

wholeslae industry


What is the meaning of government nationalization of industry?

This phase means government take-over of an industry. "nationalize" means the private ownership ends and the industry belongs to the "people" and "they" get the profits if there are any.


When a government nationalizes an industry it?

owns it


What does the government in Venezuela own?

The government owns the oil industry


Reasons why government may nationalize an industry?

The industry may be declining or becoming bankrupt. The industry may be exploiting consumers rights and government wants to safe guard its citizens interest.


Does the government protect the U.S. sugar industry?

The federal government has provided price supports to the U.S. sugar industry for almost 200 years