| 单词 | deregulation |
| 释义 | deregulation deregulation The removal of controls imposed by governments on the operation of markets. Many economists and politicians believe that during the mid-20th century governments imposed controls over markets that had little or no justification. Since the 1980s many governments have followed a deliberate policy of deregulation. However, most economists still argue that certain markets should be regulated, particularly where there is a natural monopoly or a state of market failure. The extent to which deregulation of the US financial sector played a role in precipitating the financial crisis of 2007–08 is a matter of considerable dispute. |
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