单词 | deregulation |
释义 | 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 ` (see regulation), particularly if market failure is involved. |
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