answersLogoWhite

0

Deregulation is the cutting back of federal regulation of industry and it affected certain industries in the 1980s by increasing the competition and lowered prices for consumers.

User Avatar

Owen Kris

Lvl 10
3y ago

What else can I help you with?

Related Questions

What were some of the industries that were deregulated in the last half of the 20th century?

including the airlines (Airline Deregulation Act of 1978), natural gas (Natural Gas Policy Act of 1978), trucking (Motor Carrier Act of 1980), and banking (Depository Institutions Deregulation and Monetary Control Act of 1980).


What was not part of the deregulation of the 1970 and 1980?

farmers


Which of these was not part of the deregulation of the 1970 and 1980?

farmers


When was Thor Industries created?

Thor Industries was created in 1980.


When was Krell Industries created?

Krell Industries was created in 1980.


When was Unison Industries created?

Unison Industries was created in 1980.


What president started deregulation and in what year.?

The Depository Institutions Deregulation and Monetary Control Act of 1980, signed into law by President Jimmy Carter, was the first major reform of the U.S. banking system since the Great Depression.


How did deregulation lead to a decrease in the number of banks between 1980 and now?

Deregulation removed some of the controls on banks. Legislation in the 1980's, removing some of the control resulted in a decrease in the number of banks and an increase in the size of the remaining banks. It was more difficult for small banks to compete for market share.


When was Scosche Industries created?

Scosche Industries was created in 1980-02.


When was Harman International Industries created?

Harman International Industries was created in 1980.


This legislation phased out Regulation Q ceilings on deposit interest rates?

The Depository Institutions Deregulation and Monetary Control Act ( DIDMCA) of 1980.


When did Seaboard Coast Line Industries end?

Seaboard Coast Line Industries ended in 1980.