DEREGULATORY Meaning and
Definition
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Deregulatory is an adjective that pertains to the process or practice of removing or reducing governmental regulations and restrictions that govern the functioning of industries, markets, or economic activities. It refers to the act of simplifying or eliminating regulations and rules enforced by the government, with the objective of promoting greater freedom, flexibility, and efficiency in business operations and economic transactions.
In a deregulatory context, governmental control and intervention in the private sector are minimized, allowing market forces to play a more significant role in shaping business practices and economic outcomes. This often involves repealing or relaxing various rules, requirements, and bureaucratic procedures that were previously imposed on industries or sectors. Deregulatory actions can encompass cutting back on paperwork, lowering barriers to entry for new businesses, reducing licensing and approval processes, and easing restrictions on foreign competition, among other measures.
Proponents of deregulatory policies argue that they can stimulate economic growth, innovation, and competition by encouraging investment, increasing productivity, and enabling market participants to make autonomous decisions. They contend that deregulation fosters a more business-friendly environment, enhancing market efficiency and potentially leading to lower costs for consumers. However, critics of deregulation express concerns regarding potential risks to worker safety, consumer protection, and environmental standards, warning against the potential for market abuses and unfair practices in the absence of effective regulations and oversight.
Common Misspellings for DEREGULATORY
- seregulatory
- xeregulatory
- ceregulatory
- feregulatory
- reregulatory
- eeregulatory
- dwregulatory
- dsregulatory
- ddregulatory
- drregulatory
- d4regulatory
- d3regulatory
- deeegulatory
- dedegulatory
- defegulatory
- detegulatory
- de5egulatory
- de4egulatory
- derwgulatory
- dersgulatory
Etymology of DEREGULATORY
The word "deregulatory" is derived from the combination of the prefix "de-" and the noun "regulatory".
The prefix "de-" comes from Latin and means "opposite" or "remove". It is used to indicate the reversal or negation of something.
The noun "regulatory" is derived from the verb "regulate", which comes from the Latin word "regulare" meaning "to control" or "to rule". "Regulatory" refers to anything related to regulation or control.
When combined, "de-" in "deregulatory" indicates the removal or reversal of regulation or control. Therefore, the term "deregulatory" refers to the action or process of removing or reducing regulations.
