Deregulation for Dummies
noun
pronunciation: di,rɛɡjʌ'leɪʃʌnWhat does Deregulation really mean?
Alright, so "deregulation" is a word that means taking away rules or regulations that control certain things. It's like when you have a lot of rules in place for how something should be done, and then those rules get removed, and things become more free or flexible.
Let's imagine a game of sports where there are lots of rules about how to play and what you can or can't do. If suddenly those rules are taken away, and players can do whatever they want, that would be like a form of deregulation in the game.
Deregulation can happen in different areas, like in the business world, where rules about how companies can operate might be removed to make things easier or more open. It can also happen with things like transportation and energy, where rules about how those industries are run might be changed to make them operate differently.
So, to sum it up, deregulation means removing rules or regulations that control how something is done, to make things more open or flexible in that area. It's like removing the guardrails on a road, allowing cars to move more freely. Does that make sense?
Let's imagine a game of sports where there are lots of rules about how to play and what you can or can't do. If suddenly those rules are taken away, and players can do whatever they want, that would be like a form of deregulation in the game.
Deregulation can happen in different areas, like in the business world, where rules about how companies can operate might be removed to make things easier or more open. It can also happen with things like transportation and energy, where rules about how those industries are run might be changed to make them operate differently.
So, to sum it up, deregulation means removing rules or regulations that control how something is done, to make things more open or flexible in that area. It's like removing the guardrails on a road, allowing cars to move more freely. Does that make sense?
Revised and Fact checked by Daniel Thompson on 2023-11-15 06:25:03
Deregulation In a sentece
Learn how to use Deregulation inside a sentece
- When the government decided to remove the rules about how much companies can charge for their services, it was a form of deregulation.
- The airline industry experienced deregulation, meaning that the government stopped controlling the prices and routes that airlines could offer.
- Deregulation of the energy market allowed for more competition among companies, resulting in lower prices for consumers.
- After the deregulation of the telecommunications industry, new companies were able to enter the market and offer different services to customers.
- The deregulation of the banking industry allowed for more flexibility in the types of financial services that could be offered to customers.
Deregulation Synonyms
Words that can be interchanged for the original word in the same context.
Deregulation Hypernyms
Words that are more generic than the original word.