Asked by
Yishak Abrham
on Nov 26, 2024Verified
Most economists agree that deregulation in the 1970s and 1980s greatly benefited consumers in all of the following industries except
A) automotive.
B) railroads.
C) airlines.
D) trucking.
Deregulation
Cutting back or doing away with state authority in a certain field, often to foster greater competition in that field.
Automotive
Refers to the design, development, manufacturing, marketing, and selling of motor vehicles.
Railroads
Land transport routes using a series of tracks and stations for the movement of trains to transport passengers and goods.
- Acquire knowledge on the effects deregulation has on previously regulated sectors and the resultant impact on the consumer base.
Verified Answer
SC
Learning Objectives
- Acquire knowledge on the effects deregulation has on previously regulated sectors and the resultant impact on the consumer base.