Author Question: What is deregulation? Describe two arguments used by supporters of deregulation and two arguments ... (Read 74 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
What is deregulation? Describe two arguments used by supporters of deregulation and two arguments used by its detractors. Assess which set of arguments you find most persuasive.
 
  What will be an ideal response?

Question 2

According to monetarism, too littledebt produces inflation.
 
  Indicate whether the statement is true or false



mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

An ideal response will:
1, Define deregulation as the lifting of government regulations that place restrictions on business, industry, and professional activities.
2, Describe two of the following arguments in favor of deregulation: It removes regulations that are obstacles to a free market; it lowers prices, since businesses are not required to spend as much money to comply with regulations; it enhances American competitiveness abroad, since products will cost less to produce; and it eliminates regulations that have often failed to work as Congress intended.
3, Describe the two main arguments against deregulation: It could remove regulations that have worked well, such as pollution controls that help ensure clean air and water; and deregulated sectors of the economy such as the financial and energy industries suffered serious problems after they were deregulated.
4, Assess whether deregulation is likely to be beneficial.

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

For a complete list of videos, visit our video library