Types of Regulation, Privatization, & Deregulation

Instructions:

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

question 1 of 3

Which of the following is NOT an example of economic regulation?

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1. The government is suffering from a high debt. In order to decrease its responsibilities, it will allow private businesses to manage the highways, while requiring them to pay for road maintenance. Why is this an example of privatization?

2. Why did many new airlines appear after 1978?

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About This Quiz & Worksheet

This quiz and worksheet combo tests your knowledge of the different ways government can interact with business through regulation, privatization, and deregulation. In order to pass the quiz, you'll need to know the definitions of each of these terms and some examples of each.

Quiz & Worksheet Goals

These assessments will test students on:

  • Two types of regulation
  • The definitions of privatization and deregulation
  • Two examples of ways to reform regulations

Skills Practiced

This quiz and worksheet lets students practice the following skills:

  • Defining key concepts - ensure that you can accurately define main phrases, including regulation and deregulation
  • Making connections - understand how regulation, privatization, and deregulation affect businesses
  • Distinguishing differences - compare and contrast different topics from the lesson, such as cross subsidization and cost-of-service regulation

Additional Learning

To learn more about the powers of the government over businesses, review the accompanying lesson titled Types of Regulation, Privatization, & Deregulation. This lesson covers the following objectives:

  • Define regulation, privatization, and deregulation
  • Identify the two types of regulation
  • Understand different ways that regulation can be reformed
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