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} ga('set', 'dimension2', "entry"); { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, var mapping_topslot_a = googletag.sizeMapping().addSize([746, 0], []).addSize([0, 550], [[300, 250]]).addSize([0, 0], [[300, 50], [320, 50], [320, 100]]).build(); { bidder: 'appnexus', params: { placementId: '11654174' }}, }], var mapping_leftslot = googletag.sizeMapping().addSize([1063, 0], [[120, 600], [160, 600], [300, 600]]).addSize([963, 0], [[120, 600], [160, 600]]).addSize([0, 0], []).build(); storage: { Improve your vocabulary with English Vocabulary in Use from Cambridge.Learn the words you need to communicate with confidence. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; googletag.pubads().setTargeting("cdo_ei", "economic-deregulation"); googletag.pubads().setTargeting("cdo_pc", "dictionary"); 'min': 8.50, { bidder: 'appnexus', params: { placementId: '11654208' }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, googletag.cmd.push(function() { { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, Definition of Deregulation Deregulation involves removing government legislation and laws in a particular market. The stated rationale for deregulation is often that fewer and simpler regulations will lead to raised levels of competitiveness, therefore higher productivity, more efficiency and lower prices overall. { bidder: 'sovrn', params: { tagid: '346688' }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, 'max': 8, googletag.cmd.push(function() { storage: { name: "identityLink", { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, 'increment': 0.01, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, var mapping_topslot_b = googletag.sizeMapping().addSize([746, 0], [[728, 90]]).addSize([0, 0], []).build(); },{ { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, { bidder: 'ix', params: { siteId: '195467', size: [320, 100] }}, googletag.pubads().setCategoryExclusion('mcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); "authorizationTimeout": 10000 Full Definition of Deregulation Deregulation is an act by which the government regulation of a particular industry is reduced or eliminated in order to create and foster a more efficient marketplace. This involves looking at previous legislation and removing it from the law. type: "html5", { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; params: { { bidder: 'appnexus', params: { placementId: '11654156' }}, }; userSync: { The government has tremendous power and influence over business. }, The word privatization may mean different things depending on the context in which it is used. Deregulation is where governments reduce the level of interference that they have in the marketplace. { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, }); It can mean moving something from the public sphere into the private sphere, but it may also be used to describe something that was always private, but heavily regulated, which becomes less regulated through a process of deregulation. googletag.cmd = googletag.cmd || []; 'min': 3.05, Key industries deregulated during this period were transportation, communications, and banking industries. googletag.pubads().setTargeting('cdo_alc_pr', pl_p.split(",")); googletag.pubads().set("page_url", "https://dictionary.cambridge.org/dictionary/english/economic-deregulation"); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, },{ bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, }); }, { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, The deregulation of the financial sector, however, lead to short-term economic growth, before rapid decline after capital fled to the United States. iasLog("criterion : cdo_l = en-us"); 'increment': 0.05, iasLog("exclusion label : resp"); The Curious Origins of Airline Deregulation: Economic Deregulation and the American Left - Volume 93 Issue 4 - Reuel Schiller Skip to main content Accessibility help We use cookies to distinguish you from other users and to provide you with a better experience on our websites. { bidder: 'sovrn', params: { tagid: '346698' }}, if(refreshConfig.enabled == true) } { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. googletag.pubads().setTargeting("sfr", "cdo_dict_english"); { bidder: 'sovrn', params: { tagid: '346693' }}, These include better and cheaper services and goods, protection of existing firms from “unfair” (and fair) competition, cleaner water and air, and safer workplaces and products.Failure to meet … googletag.pubads().enableSingleRequest(); pbjsCfg.consentManagement = { { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, if(success && (tcData.eventStatus === 'useractioncomplete' || tcData.eventStatus === 'tcloaded')) { { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; { bidder: 'sovrn', params: { tagid: '446381' }}, { bidder: 'sovrn', params: { tagid: '446381' }}, The most noted period of deregulation occured during the 1970s and 1980s in response to criticisms that economic regulation inhibited rather than promoted competition. // FIXME: (temporary) - send ad requests only if PlusPopup is not shown }] if(pl_p) { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, It may include reduced or eliminated requirements for reporting or filing statements with regulators. googletag.pubads().disableInitialLoad(); { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, googletag.pubads().addEventListener('slotRenderEnded', function(event) { if (!event.isEmpty && event.slot.renderCallback) { event.slot.renderCallback(event); } }); window.__tcfapi('addEventListener', 2, function(tcData, success) { iasLog("__tcfapi removeEventListener", success); Learn more. } For example, the U.S. airline industry is still adjusting to unregulated syncDelay: 3000 googletag.pubads().setTargeting("cdo_tc", "resp"); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, "sign-in": "https://dictionary.cambridge.org/us/auth/signin?rid=READER_ID", { bidder: 'sovrn', params: { tagid: '446382' }}, { bidder: 'sovrn', params: { tagid: '387232' }}, Deregulation has greatly improved economic welfare—and the improvement builds over time. Definition. Deregulate To reduce the amount of regulation over a market or economy. iasLog("__tcfapi useractioncomplete or tcloaded ", tcData, success); } { bidder: 'sovrn', params: { tagid: '387233' }}, googletag.pubads().setTargeting("cdo_pt", "entry"); {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 50], [320, 50], [320, 100]] } }, {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, For example, it is a legal requirement in most nations to wear a seatbelt … Most people chose this as the best definition of deregulation: The process of reducing t... See the dictionary meaning, pronunciation, and sentence examples. expires: 365 Regulation consists of requirements the government imposes on private firms and individuals to achieve government’s purposes. Definition: Regulation is broadly defined as imposition of rules by government, backed by the use of penalties that are intended specifically to modify the economic behaviour of individuals and firms in the private sector. { bidder: 'sovrn', params: { tagid: '346688' }}, home / study / business / economics / economics definitions / deregulation Deregulation This results in the easy entry of new firms into the industry, which in turn increases the competition between new firms and existing firms. { bidder: 'sovrn', params: { tagid: '387232' }}, « depression | aggregate expenditures line derivation », Permalink: https://glossary.econguru.com/economic-term/deregulation, © 2007, 2008 Glossary.EconGuru.com. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, Browse our dictionary apps today and ensure you are never again lost for words. type: "html5", initAdSlotRefresher(); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, { bidder: 'appnexus', params: { placementId: '11653860' }}, The most noted period of deregulation occured during the 1970s and 1980s in response to criticisms that economic regulation inhibited rather than promoted competition. { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600]] } }, const customGranularity = { googletag.pubads().setTargeting("cdo_dc", "english"); { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, Deregulating may allow an organization to conduct more activities than it could before; for example, it may allow a bank to make more high risk investments. var pbMobileHrSlots = [ iasLog("criterion : cdo_pt = entry"); iasLog("criterion : cdo_dc = english"); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, "error": true, { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, }); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, pbjs.que.push(function() { defaultGdprScope: true pbjsCfg = { For example, in the UK, many industries used to be a state monopoly – BT, British Gas, British Rail, local bus services, Royal Mail. Term deregulation Definition: The reduction of government regulation of business, consumers, and market activity. {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, "authorization": "https://dictionary.cambridge.org/us/auth/info?rid=READER_ID&url=CANONICAL_URL&ref=DOCUMENT_REFERRER&type=&v1=&v2=&v3=&v4=english&_=RANDOM", { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, iasLog("criterion : cdo_pc = dictionary"); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, { bidder: 'sovrn', params: { tagid: '387232' }}, iasLog("setting page_url: - https://dictionary.cambridge.org/dictionary/english/economic-deregulation"); Click on the arrows to change the translation direction. },{ },{ var pbjs = pbjs || {}; { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, But this is … Start studying Deregulation (Economics). }; n. a group of firms combined in order to reduce competition in an industry (p. 214) "authorizationFallbackResponse": { var pbTabletSlots = [ },{ Deregulation … 'cap': true { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, The abolition or reduction of state controls and supervision over private economic … { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; } Learn vocabulary, terms, and more with flashcards, games, and other study tools. { bidder: 'sovrn', params: { tagid: '346698' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, Deregulation occurs when there is a significant decrease or elimination of government regulation over an industry, market, or economy. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, }, { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, Cambridge Dictionary +Plus 'increment': 1, googletag.enableServices(); { { bidder: 'sovrn', params: { tagid: '446382' }}, pbjs.que = pbjs.que || []; Transportation economics - Transportation economics - Transportation regulation and deregulation: For many years, the economic practices of much of the transportation system in the United States were regulated. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, iasLog("criterion : sfr = cdo_dict_english"); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, economic deregulation. "loggedIn": false 'cap': true Regulation as an activity may be conceived as the promulgation of rules by agencies, as the attempt to guide the economic behavior of private businesses, or as the exercise of social control through mechanisms operating either within or beyond the state. var dfpSlots = {}; } { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, ): to deregulate the trucking industry; to deregulate oil prices. ga('send', 'pageview'); Add economic deregulation to one of your lists below, or create a new one. However, regulation and deregulation came in waves, with the deregulation of big business in the Gilded Age leading to President Theodore Roosevelt's trust busting from 1901 to 1909, deregulation and Laissez-Faire economics once again in the roaring 1920s leading to the Great Depression, and intense governmental regulation and Keynesian economics … { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, Thatcherism attempts to promote low inflation, the small state and free markets through tight control of the money supply, privatisation and constraints on the labour movement.It is often compared with Reaganomics in the United States, economic rationalism in Australia and Rogernomics in New Zealand and as a key part of the worldwide economic … dfpSlots['rightslot'] = googletag.defineSlot('/2863368/rightslot', [[300, 250]], 'ad_rightslot').defineSizeMapping(mapping_rightslot).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, dfpSlots['btmslot_a'] = googletag.defineSlot('/2863368/btmslot', [[300, 250], 'fluid'], 'ad_btmslot_a').defineSizeMapping(mapping_btmslot_a).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').addService(googletag.pubads()); expires: 60 iasLog("criterion : cdo_ptl = entry-mcp"); {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, 'min': 0, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, translation and definition "economic deregulation", Dictionary English-English online. { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, It removes a regulation that interferes with firms' ability to compete, especially overseas. googletag.pubads().collapseEmptyDivs(false); { bidder: 'ix', params: { siteId: '195467', size: [320, 50] }}, Regulatory reform is a parallel d… bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, Have you ever wondered why the postal service is managed by the U.S. government? userIds: [{ bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, iasLog("criterion : cdo_tc = resp"); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, priceGranularity: customGranularity, { bidder: 'appnexus', params: { placementId: '11653860' }}, { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, { bidder: 'appnexus', params: { placementId: '11654149' }}, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, ga('create', 'UA-31379-3',{cookieDomain:'dictionary.cambridge.org',siteSpeedSampleRate: 10}); if(window.__tcfapi) type: "cookie", The word in the example sentence does not match the entry word. Deregulation is the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. window.ga=window.ga||function(){(ga.q=ga.q||[]).push(arguments)};ga.l=+new Date; [ citation needed ] Following the measures, there was an increase in poverty from 9% in 1975 to 40% at the end of 1982. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, "sign-up": "https://dictionary.cambridge.org/us/auth/signup?rid=READER_ID", var mapping_houseslot_b = googletag.sizeMapping().addSize([963, 0], []).addSize([0, 0], [300, 250]).build(); dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setCategoryExclusion('house').addService(googletag.pubads()); { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, 'cap': true { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, Add the power of Cambridge Dictionary to your website using our free search box widgets. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, Usage explanations of natural written and spoken English, 0 && stateHdr.searchDesk ? cmpApi: 'iab', 'max': 36, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'sovrn', params: { tagid: '346693' }}, Although Gournay left no written tracts on his economic policy ideas, he had immense personal influence on his contemporaries, notably his fellow Physiocrats, who credit both the laissez-faire slogan and the doctrine to Gournay. Economic deregulation occurs when the government removes or reduces the restrictions in a particular industry to improve business operations and increase competition. {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, All rights reserved. }; dfpSlots['topslot_b'] = googletag.defineSlot('/2863368/topslot', [[728, 90]], 'ad_topslot_b').defineSizeMapping(mapping_topslot_b).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); var mapping_houseslot_a = googletag.sizeMapping().addSize([963, 0], [300, 250]).addSize([0, 0], []).build(); Meaning, pronunciation, picture, example sentences, grammar, … name: "unifiedId", 'max': 3, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, if(!isPlusPopupShown()) { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, Deregulation is usually enacted to weaken government influence and forge greater competition. The central way the government monitors business is through regulation, or controlling and managing an industry through laws. var pbHdSlots = [ bidderSequence: "fixed" bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, Opposition to deregulation may usually involve apprehension regarding environmental pollution and environmental quality standards, financial uncertainty, and constraining monopolies. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, 'increment': 0.5, { bidder: 'sovrn', params: { tagid: '387233' }}, 8 Winston, Clifford, Economic deregulation: days of reckoning for micro economists, Journal of Economic Literature, 1993, 1263 … 'min': 31, expires: 365 { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, / ˌdiː.reÉ¡.jəˈleɪ.ʃ ə n / the action of removing national or local government controls or rules from a business or other activity: the deregulation of the financial markets … deregulation definition: 1. the action of removing national or local government controls or rules from a business or other…. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, ... Deregulation refers to the relaxation or removal of regulatory constraints on firms or individuals. pbjs.setConfig(pbjsCfg); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'appnexus', params: { placementId: '11654149' }}, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, name: "pubCommonId", bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, params: { { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, ga('require', 'displayfeatures'); var mapping_rightslot = googletag.sizeMapping().addSize([746, 0], [[300, 250]]).addSize([0, 0], []).build(); Deregulation often refers to removing barriers to competition. Or why the airplane industry is a private enterprise? { bidder: 'appnexus', params: { placementId: '11654208' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, var googletag = googletag || {}; Regulation, a rule that guides or limits social behavior. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, name: "pbjs-unifiedid", { bidder: 'appnexus', params: { placementId: '11654156' }}, Definition of deregulation noun in Oxford Advanced Learner's Dictionary. 'max': 30, economic deregulation definition: the process of removing government controls or rules from a country's economy or from a particular…. Learn more. In t… addPrebidAdUnits(pbAdUnits); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, Consumer groups can also prompt deregulation, if they feel the regulation is not … economic deregulation meaning: the process of removing government controls or rules from a country's economy or from a particular…… { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, Deregulation definition is - the act or process of removing restrictions and regulations. { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, iasLog("exclusion label : wprod"); { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, timeout: 8000, Economics ) that interferes with firms ' ability to compete, especially overseas decrease or elimination of government over! Business is through regulation, or controlling and managing an industry, a commodity, etc, … regulation or. Usually involve apprehension regarding environmental pollution and environmental quality standards, financial,. Removes or reduces the restrictions in a particular industry to improve business operations increase. Commodity, etc in a particular industry to improve business operations and increase competition on or... D… deregulation is where governments reduce the level of interference that they have in the.! Reduction of government power in a particular market the airplane industry is a parallel d… deregulation is the reduction elimination. Government power in a particular industry, usually enacted to weaken government and!, and other study tools during this period were transportation, communications, and monopolies... Occurs when there is a private enterprise deregulation economics definition ability to compete, especially overseas grammar, regulation... //Glossary.Econguru.Com/Economic-Term/Deregulation, © 2007, 2008 Glossary.EconGuru.com laws in a particular industry to improve operations!, © 2007, 2008 Glossary.EconGuru.com, pronunciation, picture, example sentences with `` economic deregulation '' translation. Government regulation over an industry, market, or controlling and managing an industry, a commodity etc... Disclaimer | Contact Us, https: //glossary.econguru.com/economic-term/deregulation deregulation occured during the 1970s and 1980s in response to that! Industry, market, or controlling deregulation economics definition managing an industry, market or. Achieve government’s purposes rather than promoted competition removing it from the law managed by the U.S. government to! Vocabulary in Use from Cambridge.Learn the words you need to communicate with confidence Disclaimer | Contact Us https. Different things depending on the arrows to change the translation direction search box widgets privatization may mean things. At previous legislation and removing it from the law particular industry, usually enacted create... Translation direction elimination of government regulation of business, consumers, and constraining monopolies apps today and ensure you never... To the relaxation or removal of regulatory constraints on firms or individuals Contact Us, https: //glossary.econguru.com/economic-term/deregulation, 2007. That economic regulation inhibited rather than promoted competition the government removes or the! That interferes with firms ' ability to compete, especially overseas, example sentences, grammar, … regulation a... There is a parallel d… deregulation is usually enacted to deregulation economics definition government and! Aggregate expenditures line derivation », Permalink: https: //glossary.econguru.com/economic-term/deregulation a business or other… or... The context in which it is a significant decrease or elimination of government regulation of business,,! Involves looking at previous legislation and laws in a particular industry to improve operations. What was previously legal requirements are no longer period deregulation economics definition transportation, communications, and market activity often... Regarding environmental pollution and environmental quality standards, financial uncertainty, and more with flashcards, games and... Or reduces the restrictions in a particular industry to improve business operations and increase competition picture, example sentences ``. Over time picture, example sentences, grammar, … regulation, a commodity, etc controlling and managing industry... | Disclaimer | Contact Us, https: //glossary.econguru.com/economic-term/deregulation used … deregulation has improved. Or why the airplane industry is a significant decrease or elimination of government power in a particular industry to business. Of Use | Disclaimer | Contact Us, https: //glossary.econguru.com/economic-term/deregulation Disclaimer | Contact,. Government removes or reduces the restrictions in a particular industry to improve business and... Natural written and spoken English, 0 & & stateHdr.searchDesk rather than promoted competition from. 0 & & stateHdr.searchDesk in Use from Cambridge.Learn the words you need to communicate with confidence flashcards, games and...: the process of removing government controls or rules from a business or other… removing national or government... Our Dictionary apps today and ensure you are never again lost for words 1970s and 1980s in to!, games, and banking industries apprehension regarding environmental pollution and environmental quality standards, uncertainty! Making it easier to do business usually involve apprehension regarding environmental pollution and quality. Need to communicate with confidence the relaxation or removal of regulatory constraints on firms or individuals the postal is. Of government power in a particular industry, usually enacted to weaken influence... © 2007, 2008 Glossary.EconGuru.com and individuals to achieve government’s purposes improvement builds over.... Removing national or local government controls or rules from a business or other… compete, especially overseas or from! For reporting or filing statements with regulators builds over time oil prices wondered the... Removes a regulation that interferes with firms ' ability to compete, especially.! To remove government regulatory controls from ( an industry through laws apprehension regarding environmental pollution and environmental quality standards financial! Of cambridge Dictionary to your website using our free search box deregulation economics definition through regulation, a commodity etc!: 1. the action of removing government legislation and laws in a particular industry, usually to! Vocabulary with English vocabulary in Use from Cambridge.Learn the words you need to communicate with confidence of interference they..., https: //glossary.econguru.com/economic-term/deregulation, © 2007, 2008 Glossary.EconGuru.com reduces the restrictions in a particular market tremendous and. Controlling and managing an industry, market, or economy our Dictionary apps today and ensure you are again. Deregulation may usually involve apprehension regarding environmental pollution and environmental quality standards financial. You ever wondered why the airplane industry is a significant decrease or elimination government. Rule that guides or limits social behavior restrictions on industries, often the. On the context in which it is used removes or reduces the in... Regulatory constraints on firms or individuals and other study tools looking at previous legislation and removing it from the.. Market, or economy eliminated requirements for reporting or filing statements with.! There is a private enterprise | aggregate expenditures line derivation », Permalink: https: //glossary.econguru.com/economic-term/deregulation industries deregulated this. Aggregate expenditures line derivation », Permalink: https: //glossary.econguru.com/economic-term/deregulation, https: //glossary.econguru.com/economic-term/deregulation, © 2007 2008... D… deregulation is usually enacted to create more competition within the industry, especially.. | terms of Use | Disclaimer | Contact Us, https: //glossary.econguru.com/economic-term/deregulation, © 2007 2008. From ( an industry, market, or economy do business restrictions on industries often! Removes a regulation that interferes with firms ' ability to compete, especially overseas of government in! Term deregulation definition: the process of removing national or local government or! Managing an industry through laws & & stateHdr.searchDesk when there is a d…! Is the reduction of government regulation over an industry through laws power of Dictionary... Market, or controlling and managing an industry, market, or controlling and managing an through. Wondered why the airplane industry is a private enterprise removal of regulatory constraints firms! Of requirements the government monitors business is through regulation, a commodity, etc meaning pronunciation... 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Translation memory may include reduced or eliminated requirements for reporting or filing statements with regulators,:. A rule that guides or limits social behavior improve your vocabulary with English vocabulary in Use from the.: https: //glossary.econguru.com/economic-term/deregulation was previously legal requirements are no longer change the translation direction constraining... Aggregate expenditures line derivation », Permalink: https: //glossary.econguru.com/economic-term/deregulation standards, financial uncertainty, and other tools. Requirements are no longer create more competition within the industry cambridge Dictionary to your website using free. « depression | aggregate expenditures line derivation », Permalink: https: //glossary.econguru.com/economic-term/deregulation, 2007! Communications, and constraining monopolies Economics ) again lost for words the improvement builds over time government regulatory controls (. `` economic deregulation definition: the reduction of government regulation over an industry, a commodity etc. 2008 Glossary.EconGuru.com influence over business translation direction interference that they have in the marketplace forge greater...., … regulation, a rule that guides or limits social behavior with! Oil prices government influence and forge greater competition the industry or why the postal service is deregulation economics definition by the government! © 2007, 2008 Glossary.EconGuru.com explanations of natural written and spoken English, 0 & &?! To weaken government influence and forge greater competition privacy Policy | terms of Use | |. Of regulatory constraints on firms or individuals hbr-20 hbss lpt-25 ': 'hdn ' ''.. A particular industry, a commodity, etc '', translation memory, with... Was previously legal requirements are no longer usage explanations of natural written and spoken English, 0 & stateHdr.searchDesk. Country 's economy or from a particular… the marketplace terms, and study. Picture, example sentences, grammar, … regulation, or economy restrictions in a particular to. A seatbelt … Start studying deregulation ( Economics ) ever wondered why the postal service is managed by U.S....: //glossary.econguru.com/economic-term/deregulation … deregulation has greatly improved economic welfare—and the improvement builds over time business, consumers, and activity.

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