Examlex
A situation that occurs when the entrepreneur does nearly everything in the simplest way possible is known as _____.
Free Bus Rides
A policy or situation where public transportation buses are provided to passengers without any charge.
Deregulation
The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.
Regulatory Capture
A situation where regulatory agencies are dominated by the industries or interests they are charged with regulating, often leading to decision-making that benefits the industry at the expense of the public interest.
Regulatory Agency
An agency, commission, or board established by the federal government or a state government to control the prices charged and the services offered by a natural monopoly or public utility.
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