Economic Definition of deregulation. Defined.
Offline Version: PDF
Term deregulation Definition: The reduction of government regulation of business, consumers, and market activity. The most noted period of deregulation occured during the 1970s and 1980s in response to criticisms that economic regulation inhibited rather than promoted competition. Key industries deregulated during this period were transportation, communications, and banking industries. Social regulations were also relaxed.
« depression | aggregate expenditures line derivation »
Permalink: https://glossary.econguru.com/economic-term/deregulation