JAMB Government 2007 Objective — Question 49

Question 49 of 50 from the Joint Admissions and Matriculation Board (JAMB) Government 2007 Objective paper, with the correct answer and a full explanation.

Deregulation as an economic policy borders on

A. the removal of subsidies on public utilities
B. the removal of restrictions and extension of competitionCorrect
C. privatization
D. commercialization

Explanation

Deregulation, as an economic policy, refers to the removal of restrictions and the extension of market competition.

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