The general conclusion of most economists about deregulation of previously regulated industries in the United States is that it resulted in

A) increased monopoly power.
B) lower rates of innovation.
C) increased bureaucratic control.
D) decreased prices of goods and services.

Deregulation

The reduction or elimination of government power in a particular industry, usually with the goal of increasing competition and efficiency.

Regulated Industries

Sectors of the economy that are subject to governmental controls and regulations, often to protect public interest.

Decreased Prices

A situation where the cost of goods or services is reduced from a previous level.