In the Late 1970s and 1980s a Movement Toward Deregulation

question 96

Multiple Choice

In the late 1970s and 1980s a movement toward deregulation took place because

• A) the regulated industries became more competitive with rapidly advancing technology.
• B) regulation was leading to higher production costs, which caused widespread dissatisfaction.
• C) the transportation and telecommunication industries experienced the exit of many firms, which reduced the need for regulation.
• D) Congress decided the regulations that had been in place were not effective anyway.

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Definitions:

Optimism

A mental attitude reflecting a belief or hope that the outcome of some specific endeavor, or outcomes in general, will be positive, favorable, and desirable.

Z Problem-solving Model

An approach to problem-solving that promotes collaboration among all stakeholders to find a solution that addresses the needs of all parties.

Sensing

The process of perceiving through the senses or a preference for dealing with concrete, tangible information.

Intuiting

The process of understanding or knowing something without the need for conscious reasoning or direct evidence.