Asked by Patrick Barber on Jul 20, 2024
Verified
According to the text, deregulation
A) was a key part of Johnson's Great Society.
B) has been successful whenever it has been initiated.
C) began to decline during the Reagan presidency.
D) has worked well in some industries but not in others.
Deregulation
The process of removing government regulations and restrictions from certain areas of business or sectors of the economy to encourage efficiency and competition.
Reagan Presidency
The period of American leadership under Ronald Reagan, the 40th President of the United States, from 1981 to 1989, noted for its conservative policies.
Great Society
A set of domestic programs in the United States, launched by President Lyndon B. Johnson, aimed at eliminating poverty and racial injustice.
- Discuss the role of market-based reforms, such as deregulation and privatization, in shaping the federal bureaucracy.
Verified Answer
DW
Dijion WallsJul 22, 2024
Final Answer :
D
Explanation :
Deregulation has had mixed results, working well in some industries but not as effectively in others, reflecting the complexity and varied outcomes of such policies across different sectors.
Learning Objectives
- Discuss the role of market-based reforms, such as deregulation and privatization, in shaping the federal bureaucracy.