Deregulation
Deregulation is the process of removing or lowering state regulations, usually for economic purposes. It is the reversing of governmental regulation of the economy.[1] 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 reforms were seen as important to make sure companies do not abuse labor laws.
Deregulation Media
As a result of deregulation of telecommunications in New Zealand, France Télécom (now Orange) operated phone booths in Wellington and across New Zealand in the 2000s.
Since the deregulation of the postal sector, different postal operators can install mail collection boxes in New Zealand's streets.
References
- ↑ Daly, Herman; Goodland, Robert (1994). "An ecological-economic assessment of deregulation of international commerce under GATT". Ecological Economics. 9: 73–92. doi:10.1016/0921-8009(94)90017-5.
