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Consumer Spending
The total amount of money spent by consumers on goods and services within an economy.
Recession
Cyclical economic contraction that lasts for six months or longer.
Deregulation
Regulatory trend toward elimination of legal restraints on competition in industries previously served by a single firm in an attempt to improve customer service and lower prices through increased competition.
Regulated Monopolies
Monopolies that are allowed to exist by the government but with restricted and controlled powers to prevent unfair practices.
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