deregulation
U.S. History
(noun)
The process of removing constraints, especially government imposed economic contraints.
Political Science
(noun)
The process of removing constraints, especially government-imposed economic regulations.
Marketing
(noun)
The process of removing constraints, especially government imposed economic regulation.
Examples of deregulation in the following topics:
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Deregulation
- Deregulation is the act or process of removing or reducing state regulations.
- Deregulation is the act or process of removing or reducing state regulations.
- Regulatory reform is a parallel development alongside deregulation.
- Under these conditions, deregulation became attractive.
- The deregulation movement of the late 20th century had substantial economic effects and engendered substantial controversy.
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Deregulating Transportation
- Transportation was the first target of deregulation.
- Although the exact impact of deregulation is difficult to assess, it clearly created enormous upheaval in affected industries.
- Most transportation companies initially opposed deregulation, but they later came to accept, if not favor, it.
- Many of the low-cost airlines that emerged in the early days of deregulation have disappeared, and a wave of mergers among other airlines may have decreased competition in certain markets.
- In 1978, the year airline deregulation began, passengers flew a total of 226,800 million miles (362,800 million kilometers) on U.S. airlines.
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Clinton's Promise of Change
- Bill Clinton epitomized the New Democrat ideology with his focus on improving the economy and economic deregulation.
- The New Democrats were more open to deregulation than the previous Democratic leadership had been.
- This was especially evident in the large scale deregulation of agriculture and the telecommunications industries.
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Social Regulation
- Other forms of regulation and deregulation came in waves: the deregulation of big business in the Gilded Age, which led to President Theodore Roosevelt's trust busting from 1901 to 1909; more deregulation and Laissez-Faire economics in the 1920's, which was followed by the Great Depression and intense governmental regulation under Franklin Roosevelt's New Deal; and President Ronald Reagan's deregulation of business in the 1980s.
- Summarize the broad periods of regulation and deregulation in American history
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Applicable Legislation
- Deregulating the utilities industry had a tremendous negative effect on the Californian power industry in 2001.
- We will briefly discuss the three areas receiving the most notice in marketing: product liability, deregulation, and consumer protection.
- A market place shock wave hit these industries as they were deregulated.
- Each of these industries saw the birth of many new competitors attempting to take advantage of market opportunities uncovered by deregulation.
- The deregulation of the airline industry in the US led to many new airlines, new routes, lower prices, and decreased connections for passengers.
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Economic Stagnation
- Jimmy Carter’s administration began with great promise, but his efforts to improve the economy through deregulation largely failed.
- Jimmy Carter’s administration began with great promise, but his efforts to improve the economy through deregulation largely failed.
- One related measure approved by Congress during the presidency of Gerald Ford, the Energy Policy and Conservation Act of 1975, gave presidents the authority to deregulate prices of domestic oil, and Carter exercised this option on July 1, 1979, as a means of encouraging both oil production and conservation.
- The Carter Administration remained fiscally conservative during both growth and recession periods, vetoing numerous spending increases while enacting deregulation in the energy and transportation sectors and sharply reducing the top capital gains tax rate.
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Energy and Environmental Reform
- Carter's Energy Crisis responses included deregulation of American oil production, leading to an increase in American oil production.
- In April of the same year, President Carter began a phased deregulation of oil prices.
- Deregulating domestic oil price controls allowed U.S. oil output to rise sharply from the Prudhoe Bay fields, although oil imports fell sharply.
- Additionally, as part of his administration's efforts at deregulation, Carter proposed removing price controls that had been imposed in the administration of Richard Nixon before the 1973 crisis.
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Telecommunications
- Telecommunications deregulation came in two sweeping stages.
- Meanwhile, for some consumers -- especially residential telephone users and people in rural areas whose service previously had been subsidized by business and urban customers -- deregulation was bringing higher, not lower, prices.
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Types of Media
- Further deregulation and convergence are under way, suggesting more mega-mergers, greater concentration of media ownership, and the emergence of multinational media conglomerates.
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Free Enterprise Economics and Reaganomics
- Reaganomics also included the deregulation of industry and higher interest rates to control inflation; however, these initiatives preceded Reagan and were conceived in the Carter administration.
- Reagan also focused on deregulating industry and weakening the power of labor unions.
- Banks and savings and loan associations were deregulated.