What is Deregulation?
'''Deregulation''' is the process of removing or lowering state [[regulation]]s, usually for [[economic]] purposes. It is the reversing of governmental [[Economic regulation|regulation of the economy]].<ref>{{cite journal|doi=10.1016/0921-8009(94)90017-5|title=An ecological-economic assessment of deregulation of international commerce under GATT|url=https://archive.org/details/sim_ecological-economics_1994-01_9_1/page/73|journal=Ecological Economics|volume=9|pages=73–92|year=1994|last1=Daly|first1=Herman|last2=Goodland|first2=Robert}}</ref> It became widely used in industrial economies in the 1970s and 1980s, as a result of new forms in economic thinking. Economic regulations were promoted during the [[Gilded Age]], in which [[progressive era|progressive]] reforms were seen as important to make sure companies do not abuse [[labor]] laws. ==References== {{reflist}} {{stub}} [[Category:Economic policy]]