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Deregulation Legislation: Definition & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Removing governmental oversight from an industry is called what?

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1. Which industry was deregulated by the Motor Carrier Act of 1980?

2. How did the Staggers Rail Act of 1980 affect railroads?

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About This Quiz & Worksheet

Use these questions to put your understanding of government oversight and its removal to use. Questions will focus on specific acts as well as key terms

Quiz & Worksheet Goals

Use this quiz to test your mastery of:

  • What removing government oversight from an industry is called
  • Which industry was affected by the Motor Carrier Act for 1980
  • What industry provided fewer services after having oversight removed

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson, such as which act gave the airline industry the right to set its own routes and prices
  • Defining key concepts - ensure that you can accurately recognize main phrases from their definitions, such as what it is called when government oversight is removed from an industry
  • Information recall - access the knowledge you've gained regarding what act helps railroads to merge or consolidate to avoid bankruptcy

Additional Learning

Do you want to know more about this topic? If so, read the lesson titled Deregulation Legislation: Definition & Examples. It will help you understand things like:

  • Why the free market supports deregulation
  • What affect deregulation had on customer service in the airline industry
  • Unintended side effects of railroad deregulation
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