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Deregulation
DEREGULATION

Definition: The act or process of freeing a trade, a business activity, etc. from rules and controls.
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* All eight elements should be in.


1. Purposeful (to emphasize).

2. Considered a necessity to remove restrictions.

3. Removal is appropriately authorized or approved.

4. Act or process is done timely to help achieve goal(s).

5. Some monitoring (= informal controls) is still done, by the appropriate agencies. And those - persons, organizations, institutions, governments, etc. - found to have flouted directives are penalized, as appropriate.

6. Does not lead to an unplanned loss.

7. Lasts for an appropriate duration before a review/reform, if necessary is (re)introduced.

8. Act achieves objective(s), as exactly hoped or planned for.
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See perfect RESTRICTIVE PRACTICES.

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