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Use the rules of exponents to simplify the expression below.
Deregulation
The process of removing or reducing government regulations and restrictions in an industry, typically with the intention of improving competition and innovation.
Subsidization
The provision of financial assistance by a government or other entity to support or promote a specific industry, commodity, or activity.
Commodification
The process of treating goods, services, ideas, or people as commodities, thus making them subject to trade in a market.
Nationalization
The process by which a government takes control of a previously private sector business or industry.
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