Ask Question
23 July, 09:08

A policy promoting cutbacks in the amount of federal regulations in specific areas of economic activity is

+1
Answers (1)
  1. 23 July, 12:04
    0
    The answer is deregulation. It removes restrictions from laws for to allow competition among the industries and set into the market. However, based on experience, industries, and investments suffered from this set-up. The government stopped it after the mortgage crisis last 2007.

    It was also found out that is is difficult to apply because of existing monopolies that can control prices in the market.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A policy promoting cutbacks in the amount of federal regulations in specific areas of economic activity is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers