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List and discuss the importance of the major effects of the deregulation that occurred in the 1980s.
Government Spending
Expenditures made by the government sector including spending on goods and services, public projects, and social programs.
Taxes
Mandatory financial charges or levies imposed by a government on individuals, corporations, and other entities to fund public expenditures.
Inflationary
Pertaining to inflation, describing a situation or trend where prices for goods and services rise over time, diminishing purchasing power.
Government Expenditures
The total amount of money spent by the government in a given period, including spending on goods and services, transfer payments, and interest on debt.
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