Asked by Darius Jordan on May 30, 2024

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The Gulf oil spill showed some of the benefits of deregulation.

Gulf Oil Spill

Environmental disaster that occurred in 2010 after an explosion on the Deepwater Horizon oil rig. Hundreds of millions of gallons of oil were spilled into the Gulf of Mexico, resulting in one of the largest environmental calamities in human history.

Deregulation

The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.

  • Evaluate the effects of policies related to the environment and perspectives on climate change.
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YA
Yusuf AbdirahmanJun 02, 2024
Final Answer :
False
Explanation :
The Gulf oil spill highlighted the dangers and environmental risks associated with insufficient regulation in the oil industry, demonstrating the need for stronger oversight and safety measures.