THE RISE OF POLITICAL CONSERVATISM 1980 1992
PRESIDENT RONALD REAGANS FOREIGN POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the state governments reduced their control
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the federal government reduces its control
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the federal government increased its control
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the government devalued these industries
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Detailed explanation-1: -As a result of deregulation, barriers to entry into the airlines industry for a potential new airline decreased significantly, resulting in many new airlines entering the market, thus increasing competition.
Detailed explanation-2: -The government began deregulating the airline industry with the passage of the Air Corporations (T ransfer of Undertakings and Repeal) Act, 1 994. This allowed private domestic commercial airlines to operate scheduled services within the country.
Detailed explanation-3: -Economic deregulation occurs when the government removes or reduces the restrictions in a particular industry to improve business operations and increase competition. The government removes certain regulations when businesses complain about how the regulation impedes their ability to compete.