Cable Deregulation Has ________, Whereas Deregulation of Electricity Has ________

question 136

Multiple Choice

Cable deregulation has ________, whereas deregulation of electricity has ________.

• A) resulted in more inefficiency; increased efficiency in the market
• B) resulted in lower prices; resulted in higher prices
• C) worked well; not worked well
• D) resulted in less innovation; resulted in more innovation

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Definitions:

Modernization Theory

A theory that suggests developing countries will progress economically and socially by adopting Western-style capitalism and cultural values.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured by GDP.

Political Stability

The condition where a government is resilient, capable of maintaining order, and unlikely to experience sudden changes, breakdown, or violent political conflict.

Hegemony

The dominance of one group over another, often supported by legitimating norms and ideas.